Truist Financial had its Relative Strength (RS) Rating upgraded from 67 to 71 Tuesday — a welcome improvement, but still below the 80 or higher score you look for.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves. See if Truist Financial can continue to rebound and clear that threshold.
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Truist Financial is not currently near a potential buying area. See if the stock goes on to build a promising consolidation that could kick off a new price move.
Truist Financial posted 26% earnings growth in its most recent report, while sales growth came in at 4%. The next quarterly numbers are expected on or around Apr. 17.
The company earns the No. 4 rank among its peers in the Banks-Super Regional industry group. Northern Trust 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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