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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Grupo Supervielle ADR Trying To Close In On Key Technical Measure

The Relative Strength (RS) Rating for Grupo Supervielle ADR moved up into a higher percentile Thursday, as it got a lift from 62 to 76.

Can You Really Time The Stock Market?

This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.

Decades of market research reveals that the market's biggest winners typically have an 80 or higher RS Rating as they launch their biggest runs. See if Grupo Supervielle ADR can continue to rebound and hit that benchmark.

Grupo Supervielle ADR has climbed more than 5% past a 7.56 entry in a second-stage cup with handle, meaning it's now out of a proper buy range. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

Earnings growth dropped last quarter from -46% to -92%, but sales rose from -78% to -57%. Keep an eye out for the company's next round of numbers on or around Aug. 13.

Grupo Supervielle ADR earns the No. 24 rank among its peers in the Banks-Foreign industry group. Banco Latinamer, ING Groep ADR and Credicorp 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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