Signal Says Avoid This Software Stock

Software stock Five9 Inc (NASDAQ:FIVN) is up 03.3% to trade at $30.29 today, set to finishing four out of the last five sessions higher, including a 6.1% pop on Oct. 10. FIVN now boasts a 6.1% gain in the last 30 days, but this mini rally off multi-year lows has the shares running headfirst into a historically bearish moving average According to the latest data from Schaeffer's Senior Quantitative Analyst Rocky White, Five9 stock is within one standard deviation of its 50-day trendline. For the purpose of t ...