Northwest Bancshares had its Relative Strength (RS) Rating upgraded from 78 to 81 Tuesday.
This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 in the early stages of their moves.
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Northwest Bancshares is still inside a buying range after moving past a 14.55 entry in a flat base. Once a stock moves 5% or higher beyond the original entry, it's considered extended and out of buy range.
Earnings-per-share growth fell last quarter from 0% to -16%, but the top line rose from -29% to 0%.
The company earns the No. 31 rank among its peers in the Finance-Savings & Loans industry group. Axos Financial, Northeast Community Bncp and Synchrony Financial are among the top 5 highly rated stocks within the group.
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