The Relative Strength (RS) Rating for Credicorp entered a new percentile Friday, with a rise from 77 to 82.
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
History reveals that the best stocks tend to have an RS Rating north of 80 as they launch their biggest runs.
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Credicorp is working on a flat base with a 200.00 entry. See if the stock can clear the breakout price in heavy trade.
Top and bottom line growth moved higher last quarter. Earnings were up 26%, compared to -10% in the prior report. Revenue increased from 2% to 9%.
Credicorp earns the No. 3 rank among its peers in the Banks-Foreign industry group. ICICI Bank ADR is the top-ranked stock 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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