On Tuesday, Home BancShares got a positive adjustment to its Relative Strength (RS) Rating, from 68 to 73.
IBD's proprietary rating measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks tend to have an 80 or higher RS Rating as they begin their biggest price moves. See if Home BancShares can continue to rebound and hit that benchmark.
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While Home BancShares is not near an ideal buying range right now, see if it goes on to form and break out of a proper chart pattern.
The company showed 9% earnings growth in its most recent report, while sales growth came in at 5%. The company is expected to report its latest numbers on or around Apr. 16.
Home BancShares holds the No. 29 rank among its peers in the Banks-Southeast industry group. USCB Financial Holdings, Southern States Bcshs and Old Point Financial are among the top 5 highly rated stocks 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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