The Relative Strength (RS) Rating for Huntington Bancshares headed into a higher percentile Tuesday, as it got a lift from 70 to 73.
IBD's unique RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they launch their biggest price moves. See if Huntington Bancshares can continue to show renewed price strength and clear that threshold.
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Huntington Bancshares is not currently offering a proper buying opportunity. See if the stock goes on to form a chart pattern that could spark a new run.
Taking a look at top and bottom line numbers, the company has posted rising EPS growth in each of the last four reports. Top line growth has also moved higher over the same time frame. Huntington Bancshares is expected to report its next quarterly numbers on or around Apr. 17.
Huntington Bancshares earns the No. 3 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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