On Monday, First Finl Bancorp OH got a positive adjustment to its Relative Strength (RS) Rating, from 80 to 83.
This proprietary rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of other stocks on the major indexes.
Over 100 years of market history reveals that the best-performing stocks typically have an 80 or better RS Rating in the early stages of their moves.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to form a chart pattern and break out.
In terms of top and bottom line numbers, the company has posted rising EPS growth in each of the last two reports. Sales growth has been less impressive, coming in at -5% in the most recent report.
The company holds the No. 17 rank among its peers in the Finance-Savings & Loans industry group. Axos Financial, Magyar Bancorp and Northeast Community Bncp are among the top 5 highly rated stocks within the group.
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