In a welcome move, Atlantic Union Bankshares saw its Relative Strength Rating improve from 68 to 72 on Thursday.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 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 often have an 80 or better RS Rating in the early stages of their moves. See if Atlantic Union Bankshares can continue to show renewed price strength and hit that benchmark.
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While the stock is not near an ideal buying range right now, see if it is able to form and break out of a proper consolidation.
Earnings grew 4% last quarter, up from -23% in the prior report. Revenue also increased, from 18% to 21%. The company is expected to report its latest performance numbers on or around Jan. 28.
The company holds the No. 30 rank among its peers in the Banks-Southeast industry group. MetroCity Bankshares, Village Bank & Trust and Burke Herbert Finl Svcs are among the top 5 highly rated stocks within the group.
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