The Relative Strength (RS) Rating for Commerce Bancshares entered a new percentile Tuesday, with an increase from 78 to 81.
This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matches up against other publicly traded companies.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of over 80 as they launch their biggest price moves.
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Commerce Bancshares is working on a consolidation with a 72.75 entry. See if it can clear the breakout price in heavy trade.
Earnings growth increased last quarter from 10% to 28%. But sales fell from 8% to 7%.
The company holds the No. 7 rank among its peers in the Banks-Midwest industry group. Central Plains Bancshares, First Business Finl Svcs and Nicolet Bankshares 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.
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