Old National Bancorp had its Relative Strength (RS) Rating upgraded from 64 to 71 Tuesday — a welcome improvement, but still shy of the 80 or better score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History shows that the top-performing stocks typically have an RS Rating of over 80 as they launch their largest price moves. See if Old National Bancorp can continue to rebound and hit that benchmark.
Old National Bancorp is working on a consolidation with a 24.49 buy point. See if it can break out in volume at least 40% higher than normal.
Earnings-per-share growth declined in the company's most recent report from 7% to 0%, but revenue rose from 5% to 11%.
The company holds the No. 23 rank among its peers in the Banks-Midwest industry group. First Financial, Alerus Financial and First Business Finl Svcs 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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