KeyCorp had its Relative Strength (RS) Rating upgraded from 67 to 71 Tuesday — a welcome improvement, but still short of the 80 or higher score you prefer to see.
This proprietary rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they begin their biggest runs. See if KeyCorp can continue to rebound and hit that benchmark.
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KeyCorp is working on a consolidation with a 20.04 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Earnings grew 52% last quarter, up from 3% in the prior report. Revenue also increased, from -56% to -44%. Look for the next report on or around Apr. 17.
The company holds the No. 7 rank among its peers in the Banks-Super Regional industry group. Northern Trust, Fulton Financial and Huntington Bancshares 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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