Huntington Bancshares saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 69 to 73.
IBD's unique RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the top-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Huntington Bancshares can continue to rebound and hit that benchmark.
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While it's not currently an ideal time to buy shares, see if the stock goes on to form a chart pattern and break out.
Regarding top and bottom line numbers, the company has posted four quarters of increasing earnings growth. Revenue growth has also risen over the same time frame. The company is expected to release its next quarterly numbers on or around Apr. 17.
Huntington Bancshares holds the No. 3 rank among its peers in the Banks-Super Regional industry group. Northern Trust is the No. 1-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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