Tableau Software (DATA) Shares are Up 7.28%

Tableau Software (DATA) : Traders are bullish on Tableau Software (DATA) as it has outperformed the S&P 500 by a margin of 5.55% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.62%, 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 12.68% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Tableau Software (NYSE:DATA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $55.20 and $54.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $57.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $57.06, notching a gain of 3.84% for the day. The total traded volume was 849,834 . The stock had closed at $54.95 on the previous day.


The stock has recorded a 20-day Moving Average of 10.9% and the 50-Day Moving Average is 10.08%. Tableau Software, Inc. is up 14.46% in the last 3-month period. Year-to-Date the stock performance stands at -39.44%.

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.

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