The Relative Strength (RS) Rating for UBS Group jumped into a new percentile Friday, as it got a lift from 69 to 74.
IBD's unique RS Rating identifies 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.
Decades of market research shows that the best stocks typically have an 80 or better RS Rating in the early stages of their moves. See if UBS Group can continue to show renewed price strength and clear that threshold.
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UBS Group is in a buy zone after climbing above a 33.10 entry in a double bottom. Once a stock moves 5% or higher beyond the original entry, it's considered out of buy range.
The company reported 0% earnings growth in its most recent report, while sales growth came in at -6%.
UBS Group earns the No. 17 rank among its peers in the Banks-Money Centers industry group. NatWest Group ADR, Banco Bilbao Vizcaya ADR and Bk of NY Mellon are among the top 5 highly rated stocks within the group.
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