WesBanco saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 68 to 76.
IBD's unique RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating of over 80 as they launch their biggest runs. See if WesBanco can continue to rebound and hit that benchmark.
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WesBanco is trying to complete a cup with handle with a 37.18 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
In terms of top and bottom line numbers, the company has posted two quarters of accelerating earnings growth. Sales growth has also moved higher over the same time frame.
WesBanco earns the No. 33 rank among its peers in the Banks-Southeast industry group. USCB Financial Holdings, ServisFirst Bancshares and First Community 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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