The Relative Strength (RS) Rating for Commerce Bancshares moved into a higher percentile Friday, as it got a lift from 69 to 72.
How To Invest In Stocks In Both Bull And Bear Markets
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating as they launch their largest runs. See if Commerce Bancshares can continue to rebound and clear that threshold.
Commerce Bancshares is building a double bottom with a 68.87 buy point. See if it can clear the breakout price in heavy trade.
Earnings growth slowed in the most recent quarter from 28% to 20%. But revenue gains moved higher, from 7% to 8%.
Commerce Bancshares earns the No. 14 rank among its peers in the Banks-Midwest industry group. First Financial, Landmark Bancorp and Bridgewater Bancshares 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
