Deutsche Bank saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, up from 94 the day before.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
Deutsche Bank is now out of buy range after breaking out from an 18.07 entry in a flat base.
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The stock has an 87 EPS Rating, which means its recent quarterly and annual earnings growth tops 87% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q3, the company reported 53% EPS growth. Top line growth fell to 15%, down from 17% in the previous quarter. The company's next quarterly report is expected on or around Jan. 30.
Deutsche Bank holds the No. 5 rank among its peers in the Banks-Money Centers industry group. NatWest Group ADR is the top-ranked stock within the group.
