The Relative Strength (RS) Rating for Old National Bancorp moved into a higher percentile Wednesday, as it got a lift from 66 to 76.
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This proprietary rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the best-performing stocks typically have an RS Rating north of 80 as they launch their biggest climbs. 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 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
Earnings-per-share growth fell in the company's most recent report from 7% to 0%, but revenue rose from 5% to 11%. Look for the next report on or around Jul. 29.
The company holds the No. 28 rank among its peers in the Banks-Midwest industry group. First Financial, First Business Finl Svcs and Southern Missouri Bncp 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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