The Relative Strength (RS) Rating for Axos Financial moved up into a higher percentile Monday, as it got a lift from 66 to 73.
This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks compares to other publicly traded companies.
Over 100 years of market history shows that the top-performing stocks typically have an RS Rating of above 80 in the early stages of their moves. See if Axos Financial can continue to show renewed price strength and hit that benchmark.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to establish and enter a buying range in heavy trade.
Axos Financial reported 14% earnings growth in the latest quarterly report. Sales increased -13%.
The company earns the No. 10 rank among its peers in the Finance-Savings & Loans industry group. First Seacoast Bancorp, Pathward Financial and IF Bancorp 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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