The Relative Strength (RS) Rating for Associated Banc climbed into a new percentile Tuesday, as it got a lift from 67 to 73.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an 80 or higher RS Rating as they launch their largest price moves. See if Associated Banc can continue to rebound and clear that threshold.
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Associated Banc is building a consolidation with a 28.18 entry. See if it can break out in heavy volume.
Regarding top and bottom line numbers, Associated Banc has posted rising EPS growth over the last four quarters. Sales growth has been a different story, coming in at -48% last quarter. The company is expected to release its next quarterly numbers on or around Apr. 17.
Associated Banc earns the No. 38 rank among its peers in the Banks-Midwest industry group. Landmark Bancorp, Central Plains Bancshares and First Business Finl Svcs 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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