Commvault Systems Inc. ($CVLT) is a leading data management and protection solutions provider.
Over the last few years, the stock has shown a beautiful chart pattern, breaking out of a long-term base.
The 200-day moving average has been trending upwards, indicating a positive long-term trend.
$CVLT has outperformed the S&P 500 index, reflecting strong investor interest.
The stock has continued to exhibit strength in recent weeks, surpassing the key level of 90.
This breakout aligns with the longer-term trend, suggesting further upside potential. We like the stock above 90.
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