The Relative Strength (RS) Rating for Capital One Financial entered a higher percentile Wednesday, as it got a lift from 63 to 74.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matched up against all other stocks.
Decades of market research shows that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Capital One Financial can continue to rebound and clear that threshold.
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Capital One Financial is building a cup without handle with a 123.19 entry. See if it reach that point and then break out in volume at least 40% above average.
Earnings growth slowed in the most recent quarter from -46% to -59%. But revenue gains moved higher, from 29% to 34%.
Capital One Financial holds the No. 8 rank among its peers in the Finance-Consumer Loans industry group. FirstCash Holdings and SLM Corp are also among the group's highest-rated stocks.
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