Ameris Bancorp had its Relative Strength (RS) Rating upgraded from 65 to 72 Monday — a welcome improvement, but still below the 80 or better score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating of above 80 as they launch their biggest climbs. See if Ameris Bancorp can continue to show renewed price strength and clear that threshold.
Ameris Bancorp is trying to complete a double bottom with a 68.85 buy point. See if the stock can break out in heavy trading.
Ameris Bancorp reported 16% earnings growth in the latest quarterly report, while sales growth came in at 7%.
The company earns the No. 16 rank among its peers in the Banks-Southeast industry group. Southern States Bcshs, Popular Inc. and Stock Yards 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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