Mitsubishi UFJ Finl ADR saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an increase from 80 to 85.
IBD's proprietary rating measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners typically have an 80 or higher RS Rating as they launch their biggest price moves.
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While now is not an ideal time to buy shares, see if the stock is able to establish and enter a buying range in heavy volume.
Mitsubishi UFJ Finl ADR posted 23% earnings growth last quarter. Revenue rose 8%.
The company earns the No. 9 rank among its peers in the Banks-Money Centers industry group. Banco Bilbao Vizcaya ADR, Barclays ADR and NatWest Group ADR 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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