FNB Corp saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 69 to 72.
This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks compares to the rest of the market.
Over 100 years of market history shows that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest climbs. See if FNB Corp can continue to show renewed price strength and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
While the stock is not near a proper entry right now, see if it manages to form and break out from a proper chart pattern.
While earnings growth decreased in the company's most recently reported quarter from -13% to -15%, sales rose 1%, up from -1% in the prior report.
FNB Corp holds the No. 52 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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