One important metric to look for in a stock is an 80 or higher Relative Strength Rating. FNB Corp now clears that threshold, with a jump from 79 to 82 Tuesday.
This proprietary rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the best stocks tend to have an RS Rating north of 80 as they launch their biggest price moves.
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FNB Corp is now considered extended and out of buy range after clearing a 15.65 buy point in a first-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
EPS growth declined last quarter from -13% to -15%, but sales rose from -1% to 1%.
The company holds the No. 46 rank among its peers in the Banks-Northeast industry group. Amalgamated Financial, Chain Bridge Bancorp and Metropolitan Bank are among the top 5 highly rated stocks within the group.
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