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Glu Mobile Inc is Among the Companies in the Application Software Industry with the Best Relative Performance (GLUU , CRM , SPLK , ELLI , WDAY )

By James Quinn

We looked at the Application Software industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Glu Mobile Inc (NASDAQ:GLUU ) ranks first with a gain of 3.11%; Salesforce.Com (NYSE:CRM ) ranks second with a gain of 1.04%; and Splunk Inc (NASDAQ:SPLK ) ranks third with a gain of 0.65%.

Ellie Mae Inc (NYSE:ELLI ) follows with a gain of 0.54% and Workday Inc-A (NASDAQ:WDAY ) rounds out the top five with a gain of 0.36%.

SmarTrend is monitoring the recent change of momentum in Workday Inc-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Workday Inc-A in search of a potential trend change.

Keywords: relative performance glu mobile inc salesforce.com splunk inc ellie mae inc workday inc-a