The Relative Strength (RS) Rating for Banc of California climbed into a new percentile Thursday, with an increase from 77 to 84.
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against that of all other stocks.
History shows that the market's biggest winners typically have an RS Rating of at least 80 in the early stages of their moves.
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Banc of California is not currently showing a potential entry point. See if the stock goes on to build a base that could spark a new run.
The company posted 0% EPS growth in the latest quarterly report. Sales rose 24%.
The company holds the No. 6 rank among its peers in the Finance-Savings & Loans industry group. Axos Financial, Northeast Community Bncp and Synchrony Financial are among the top 5 highly rated stocks within the group.
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