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Top 5 Companies in the Application Software Industry with the Best Relative Performance (EBIX , TNAV , SNCR , EGHT , AZPN )

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.

Ebix Inc (NASDAQ:EBIX ) ranks first with a gain of 4.25%; Telenav Inc (NASDAQ:TNAV ) ranks second with a gain of 3.16%; and Synchronoss Tech (NASDAQ:SNCR ) ranks third with a gain of 2.49%.

8X8 Inc (NYSE:EGHT ) follows with a gain of 2.23% and Aspen Technology (NASDAQ:AZPN ) rounds out the top five with a gain of 2.17%.

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

Keywords: relative performance ebix inc telenav inc synchronoss tech 8x8 inc aspen technology