Tableau Software (DATA) : Traders are bullish on Tableau Software (DATA) as it has outperformed the S&P 500 by a wide margin of 5.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.98%, 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 7.28% in the last 1 week, and is up 4.88% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 7.24% and the fifty day Moving Average is 10.22%. Tableau Software, Inc. is up 18.07% in the last three month period. Year-to-Date the stock performance stands at -37.09%.
Tableau Software (DATA) stock is expected to deviate a maximum of $11.66 from the average target price of $62.05 for the short term period. 22 Street Experts have initiated coverage on the stock with the most promising target being $86 and the most muted being $40.
Tableau Software (NYSE:DATA): On Fridays trading session , Opening price of the stock was $59.65 with an intraday high of $60. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $58.39. However, the stock managed to close at $59.27, a loss of 0.87% for the day. On the previous day, the stock had closed at $59.79. The total traded volume of the day was 1,520,811 shares.
Tableau Software, Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Companys products are Tableau Desktop, a self-service analytics product, Tableau Server, a business intelligence platform for organizations, Tableau Online, a cloud-based version of Tableau Server, and Tableau Public, a free cloud-based platform for analyzing and sharing public data. The Companys products are used by people across a range of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. The Companys technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Companys Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.