Callidus Software (CALD) : Traders are bullish on Callidus Software (CALD) as it has outperformed the S&P 500 by a wide margin of 4.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.86%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.37% in the last 1 week, and is up 4.18% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.64% and the 50-Day Moving Average is 0.5%.The 200 Day SMA reached 12%. Callidus Software Inc. is up 3.8% in the last 3-month period. Year-to-Date the stock performance stands at 7.32%.
Callidus Software (NASDAQ:CALD): After opening at $19.24, the stock dipped to an intraday low of $19.24 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $19.95 and the buying power remained strong till the end. The stock closed at $19.93 for the day, a gain of 3.75% for the day session. The total traded volume was 242,703. The stocks close on the previous trading day was $19.21.
Callidus Software Inc. is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Companys CallidusCloud enables its customers to accelerate their Lead to Money process with a suite of solutions that identify leads, implement territory and quota plans, enable sales forces, automate bid configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback for competitive advantage. The Company provides a range of services to its customers including professional services, business process outsourcing services, maintenance and technical support services, and education services. Territory and Quota helps customers evaluate their territory, quota distribution plans and strategies for meeting corporate sales goals.