On Tuesday, Bread Financial got a positive adjustment to its Relative Strength (RS) Rating, from 67 to 77.
This unique rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the best stocks typically have an RS Rating of over 80 in the early stages of their moves. See if Bread Financial can continue to rebound and clear that threshold.
Can You Really Time The Stock Market?
Bread Financial is building a consolidation with a 66.71 entry. See if the stock can clear the breakout price in heavy trading.
Bread Financial reported negative growth for both sales and earnings last quarter. Bread Financial is expected to release its next quarterly numbers on or around Apr. 24.
The company holds the No. 32 rank among its peers in the Finance-Card/Payment Processing industry group. Paymentus Holdings, Mastercard and Toast are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
Which Stocks Are Showing 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!
