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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

OFG Bancorp Trying To Close In On Key Technical Benchmark

On Wednesday, OFG Bancorp earned a positive adjustment to its Relative Strength (RS) Rating, from 66 to 75.

This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating north of 80 as they launch their largest runs. See if OFG Bancorp can continue to show renewed price strength and hit that benchmark.

Can You Really Time The Stock Market?

OFG Bancorp is building a consolidation with a 47.66 entry. See if the stock can break out in volume at least 40% above average.

OFG Bancorp posted 5% earnings growth in the latest quarterly report. Revenue gains came in at 1%. Keep an eye out for the company's next round of numbers on or around Jan. 22.

The company holds the No. 15 rank among its peers in the Banks-Southeast industry group. Village Bank & Trust, MetroCity Bankshares and USCB Financial Holdings are among the top 5 highly rated stocks within the group.

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