On Tuesday, Truist Financial earned a positive adjustment to its Relative Strength (RS) Rating, from 78 to 82.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners tend to have an RS Rating north of 80 as they launch their biggest runs.
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Truist Financial is working on a cup without handle with a 49.05 buy point. See if it can break out in heavy trading.
The company posted 26% EPS growth in its most recent report. Sales rose 4%.
The company earns the No. 5 rank among its peers in the Banks-Super Regional industry group. Northern Trust is the No. 1-ranked stock within the group.
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