The Relative Strength (RS) Rating for NBT Bancorp climbed into a new percentile Friday, with a rise from 78 to 81.
IBD's unique RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of other stocks on the major indexes.
History shows that the top-performing stocks often have an 80 or higher RS Rating in the early stages of their moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
NBT Bancorp is building a consolidation with a 52.44 buy point. See if the stock can break out in volume at least 40% higher than normal.
Earnings growth increased last quarter from -5% to 7%, but sales fell from 9% to 8%.
The company earns the No. 33 rank among its peers in the Banks-Northeast industry group. The Bancorp, NB Bancorp and Capital Bancorp are among the top 5 highly rated stocks within the group.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
