Capital One Financial stock saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 75 to 91.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History shows 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.
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Is Capital One Financial Stock A Buy?
Capital One Financial stock is trying to complete a consolidation with a 210.67 entry. See if it can break out in heavy volume. This is not the time to buy stocks during a market correction, but build a watchlist of possible emerging leaders once the market trend turns around.
The financial services holding firm showed 38% earnings growth in its most recent report, while sales growth came in at 7%. The next quarterly numbers are expected on or around Apr. 22.
Capital One Financial stock holds the No. 5 rank among its peers in the Finance-Consumer Loans industry group. Atlanticus Holdings is the No. 1-ranked stock within the group.
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