Procore Technologies stock saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 65 to 73.\n\nThis proprietary rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.\n\nHistory shows that the top-performing stocks often have an RS Rating north of 80 as they begin their largest runs. See if Procore Technologies stock can continue to rebound and clear that threshold.\n\nIs Procore Technologies Stock A Buy?\nProcore Technologies stock is trying to complete a cup with handle with a 75.10 entry. See if the tech stock can break out in volume at least 40% above average.\n\nWhile revenue growth fell last quarter from 16% to 15%, earnings-per-share grew -23%, up from -94% in the previous report. The company is expected to report its latest earnings and sales numbers on or around Jul. 31.\n\nProcore Technologies stock holds the No. 50 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Cloudflare and Shopify are among the top 5 highly rated stocks within the group.\n\nThis article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.

Procore Technologies Getting Closer To Key Technical Benchmark

Procore Technologies' stock saw a rise in its Relative Strength (RS) rating to 73, with analysts monitoring its potential to break key technical levels. The company's revenue growth slowed to 15% from 16%, while earnings-per-share improved to -23% from -94%. Procore ranks No. 50 in its industry group.