On Friday, Bank OZK received an upgrade to its Relative Strength (RS) Rating, from 70 to 75.
IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to the rest of the market.
Decades of market research reveals that the best stocks often have an 80 or higher RS Rating in the early stages of their moves. See if Bank OZK can continue to rebound and hit that benchmark.
Can You Really Time The Stock Market?
Bank OZK is building a consolidation with a 52.36 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Bank OZK saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 3% to 4%. Revenue rose from 7% to 8%.
Bank OZK earns the No. 22 rank among its peers in the Banks-Southeast industry group. MetroCity Bankshares, Village Bank & Trust and USCB Financial Holdings are among the top 5 highly rated stocks within the group.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
