Flagstar Financial had its Relative Strength (RS) Rating upgraded from 68 to 71 Thursday — a welcome improvement, but still short of the 80 or higher score you look for.
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This unique rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the best-performing stocks tend to have an 80 or higher RS Rating as they launch their largest climbs. See if Flagstar Financial can continue to rebound and hit that benchmark.
Flagstar Financial is trying to complete a cup without handle with a 12.67 entry. See if the stock can clear the breakout price in volume at least 40% above average.
Flagstar Financial showed 0% EPS growth last quarter. Revenue gains came in at -23%. The next quarterly results are expected on or around Jul. 25.
Flagstar Financial holds the No. 28 rank among its peers in the Finance-Savings & Loans industry group. Magyar Bancorp, Axos Financial and Home Bancorp 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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