Ally Financial stock had its Relative Strength (RS) Rating upgraded from 67 to 72 Thursday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 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 RS Rating north of 80 in the early stages of their moves. See if Ally Financial stock can continue to show renewed price strength and clear that threshold.
Is Ally Financial Stock A Buy?
Ally Financial stock is trying to complete a consolidation with a 45.46 entry. See if it can clear the breakout price in volume at least 40% above average.
In terms of top and bottom line numbers, Ally Financial has posted rising EPS growth over the last four quarters. Revenue gains have been less impressive, coming in at -19% in the most recent report. Ally Financial is expected to release its next quarterly numbers on or around Jul. 18.
Ally Financial stock earns the No. 23 rank among its peers in the Financial Services-Specialty industry group. X Financial ADR, IREN and Jiayin Group ADR are among the top 5 highly rated stocks within the group.
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