On Tuesday, Axos Financial got an upgrade to its Relative Strength (RS) Rating, from 80 to 83.
IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matches up against that of all other stocks.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves.
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Axos Financial is building a consolidation with a 79.15 buy point. See if it can break out in heavy volume.
The company reported 22% EPS growth last quarter, while sales growth came in at 23%. The company is expected to report its latest earnings and sales numbers on or around Oct. 30.
Axos Financial holds the No. 2 rank among its peers in the Finance-Savings & Loans industry group. Northeast Community Bncp is the top-ranked stock within the group.
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