In a welcome move, Toronto-Dominion Bank saw its Relative Strength Rating improve from 70 to 73 on Tuesday.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an RS Rating of over 80 in the early stages of their moves. See if Toronto-Dominion Bank can continue to show renewed price strength and clear that threshold.
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Toronto-Dominion Bank is working on a saucer without handle with a 64.91 entry. See if the stock can break out in heavy trading.
Earnings growth increased last quarter from -5% to 1%. But revenue gains fell from 18% to 2%.
Toronto-Dominion Bank holds the No. 20 rank among its peers in the Banks-Money Centers industry group. Banco Bilbao Vizcaya ADR, Barclays ADR and Bk of NY Mellon 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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