In a welcome move, Enterprise Finl Services saw its Relative Strength Rating rise from 64 to 72 on Thursday.
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IBD's proprietary RS Rating measures 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.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating in the early stages of their moves. See if Enterprise Finl Services can continue to rebound and clear that threshold.
Enterprise Finl Services is working on a consolidation with a 63.13 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
The company posted 10% EPS growth last quarter, while sales growth came in at 0%. The company is expected to report its latest performance numbers on or around Apr. 28.
Enterprise Finl Services earns the No. 25 rank among its peers in the Banks-Midwest industry group. First Financial, Landmark Bancorp and Bank First 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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