Rapid7 Inc

RPD is in a medium-term bullish Stage 2 advance following a momentum breakout, but extreme overbought readings and a significant extension above rising EMAs warrant a deferred entry. Waiting for a pullback into the rising EMA zone offers a lower-risk opportunity to participate in the ongoing uptrend while avoiding chasing the current extremes.

• ↑Detection response accounts for >50% of $841M ARR, growing ~15% YoY
• ↑ARR reached $832M in Q1, +2% YoY led by DNR segment
• ↓Weak profitability factors hinder margin expansion despite revenue growth