The Relative Strength (RS) Rating for Fulton Financial jumped into a new percentile Friday, with a rise from 77 to 81.
IBD's proprietary RS Rating tracks 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 shows that the market's biggest winners often have an RS Rating north of 80 as they launch their biggest runs.
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Fulton Financial is building a consolidation with a 22.49 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Fulton Financial posted 14% EPS growth in its most recent report. Revenue rose 18%.
The company holds the No. 2 rank among its peers in the Banks-Super Regional industry group. Northern Trust is the top-ranked stock within the group.
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