The Relative Strength (RS) Rating for UMB Financial moved into a higher percentile Monday, as it got a lift from 68 to 74.
IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
History reveals that the best-performing stocks tend to have an RS Rating of above 80 as they launch their largest runs. See if UMB Financial can continue to rebound and clear that threshold.
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UMB Financial has climbed more than 5% past an 87.36 entry in a first-stage flat base, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
While earnings-per-share growth decreased in the prior quarter from 11% to 9%, sales rose 17%, up from 14% in the prior report.
UMB Financial earns the No. 11 rank among its peers in the Banks-Midwest industry group. Landmark Bancorp, First Business Finl Svcs and Central Plains Bancshares 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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