On Monday, Royal Bank of Canada earned a positive adjustment to its Relative Strength (RS) Rating, from 65 to 77.
This exclusive rating from Investor's Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they begin their biggest price moves. See if Royal Bank of Canada can continue to rebound and hit that benchmark.
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Royal Bank of Canada is building a consolidation with a 128.05 buy point. See if it can break out in heavy trading.
In terms of top and bottom line numbers, the company has posted rising EPS growth in each of the last four reports. Sales growth has also moved higher over the same time frame.
Royal Bank of Canada holds the No. 4 rank among its peers in the Banks-Money Centers industry group. Banco Bilbao Vizcaya ADR is the No. 1-ranked stock 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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