Synovus Financial saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 76 to 81.
This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners typically have an RS Rating of above 80 as they begin their biggest climbs.
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Synovus Financial is trying to complete a with a 57.22 buy point. See if the stock can break out in volume at least 40% above average.
In terms of top and bottom line numbers, the company has posted rising EPS growth over the last four quarters. Sales growth has also moved higher during the same period. Synovus Financial is expected to report its next quarterly numbers on or around Apr. 16.
Synovus Financial earns the No. 14 rank among its peers in the Banks-Southeast industry group. USCB Financial Holdings, Southern States Bcshs and ServisFirst Bancshares 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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