The Relative Strength (RS) Rating for Synovus Financial moved into a new percentile Monday, as it got a lift from 68 to 74.
This proprietary rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks often have an RS Rating of above 80 as they launch their biggest runs. See if Synovus Financial can continue to show renewed price strength and hit that benchmark.
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Synovus Financial is not currently showing a potential entry point. See if the stock goes on to build a promising consolidation that could launch a new move.
In terms of fundamentals, the company has posted rising EPS growth over the last four quarters. Revenue gains have also moved higher over the same time frame. The company is expected to release its next quarterly numbers on or around Apr. 16.
Synovus Financial holds the No. 19 rank among its peers in the Banks-Southeast industry group. USCB Financial Holdings, ServisFirst Bancshares and Southern States Bcshs 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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