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Shares of Rapid7 Inc Rank the Highest in Terms of Relative Performance in the Systems Software Industry (RPD , FTNT , NOW , ATEN , MSFT )

By Shiri Gupta

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.

Rapid7 Inc (NASDAQ:RPD ) ranks first with a gain of 4.82%; Fortinet Inc (NASDAQ:FTNT ) ranks second with a gain of 4.24%; and Servicenow Inc (NYSE:NOW ) ranks third with a gain of 3.72%.

A10 Networks Inc (NYSE:ATEN ) follows with a gain of 3.59% and Microsoft Corp (NASDAQ:MSFT ) rounds out the top five with a gain of 3.30%.

SmarTrend recommended that its subscribers protect gains by selling shares of Fortinet Inc on October 8th, 2018 by issuing a Downtrend alert when the shares were trading at $84.38. Since that call, shares of Fortinet Inc have fallen 19.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance rapid7 inc Fortinet Inc servicenow inc a10 networks inc microsoft corp