Fulton Financial saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 62 to 71.
IBD's unique rating tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating of at least 80 as they launch their largest climbs. See if Fulton Financial can continue to show renewed price strength and clear that threshold.
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While the stock is not near an ideal buy point right now, see if it goes on to form and break out of a proper base.
The company showed 14% earnings growth in the latest quarterly report, while sales growth came in at 18%. Look for the next report on or around Apr. 22.
Fulton Financial 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.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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