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Telenav Inc is Among the Companies in the Application Software Industry with the Best Relative Performance (TNAV , ACIW , SNCR , CTXS , SSNC )

By Nick Russo

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.

Telenav Inc (NASDAQ:TNAV ) ranks first with a gain of 2.20%; Aci Worldwide In (NASDAQ:ACIW ) ranks second with a loss of 0.72%; and Synchronoss Tech (NASDAQ:SNCR ) ranks third with a loss of 0.96%.

Citrix Systems (NASDAQ:CTXS ) follows with a loss of 1.09% and Ss&C Technologie (NASDAQ:SSNC ) rounds out the top five with a loss of 1.44%.

SmarTrend recommended that subscribers consider buying shares of Telenav Inc on April 9th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $6.57. Since that recommendation, shares of Telenav Inc have risen 59.0%. We continue to monitor Telenav Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance telenav inc aci worldwide in synchronoss tech Citrix Systems ss&c technologie

Ticker(s): TNAV ACIW SNCR CTXS SSNC