The Relative Strength (RS) Rating for Jefferies Financial Group climbed into a higher percentile Tuesday, as it got a lift from 67 to 76.
This proprietary rating identifies 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 as they begin their largest price moves. See if Jefferies Financial Group can continue to rebound and clear that threshold.
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Jefferies Financial Group has moved more than 5% past a 47.87 entry in a first-stage flat base, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings-per-share growth decreased last quarter from 227% to 214%, but the top line rose from 42% to 63%. The company is expected to report its latest earnings and sales numbers on or around Mar. 26.
Jefferies Financial Group earns the No. 18 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, LPL Financial Holdings and Robinhood Markets 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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