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Shares of Proofpoint Inc Rank the Highest in Terms of Relative Performance in the Systems Software Industry (PFPT , NOW , CA , DATA , IMPV )

By Nick Russo

We looked at the Systems 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.

Proofpoint Inc (NASDAQ:PFPT ) ranks first with a gain of 2.26%; Servicenow Inc (NYSE:NOW ) ranks second with a gain of 1.74%; and Ca Inc (NASDAQ:CA ) ranks third with a gain of 1.49%.

Tableau Softwa-A (NYSE:DATA ) follows with a gain of 0.79% and Imperva Inc (NASDAQ:IMPV ) rounds out the top five with a gain of 0.33%.

SmarTrend recommended that its subscribers protect gains by selling shares of Proofpoint Inc on July 25th, 2018 by issuing a Downtrend alert when the shares were trading at $122.62. Since that call, shares of Proofpoint Inc have fallen 23.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance proofpoint inc servicenow inc ca inc tableau softwa-a imperva inc