The Relative Strength (RS) Rating for Bank OZK moved up into a new percentile Monday, as it got a lift from 66 to 71.
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IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating of above 80 as they begin their largest runs. See if Bank OZK can continue to rebound and hit that benchmark.
Bank OZK is building a cup with handle with a 47.52 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
The company reported -3% EPS growth in its most recent report, while sales growth came in at 1%. The next quarterly numbers are expected on or around Jul. 17.
Bank OZK holds the No. 17 rank among its peers in the Banks-Southeast industry group. Popular Inc., Southern States Bcshs and Old Point Financial 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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