In a welcome move, Axos Financial saw its Relative Strength Rating improve from 70 to 74 on Tuesday.
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IBD's unique rating identifies price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best stocks often have an 80 or higher RS Rating as they launch their largest price moves. See if Axos Financial can continue to show renewed price strength and clear that threshold.
While the stock is not near a proper entry right now, see if it is able to form and break out from a proper consolidation.
Earnings-per-share growth declined in the company's latest report from 14% to -7%, but revenue rose from -13% to 5%.
Axos Financial holds the No. 7 rank among its peers in the Finance-Savings & Loans industry group. Magyar Bancorp, Pathward Financial and First Savings Fincl Gp 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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