The Relative Strength (RS) Rating for Trustmark entered a higher percentile Tuesday, as it got a lift from 66 to 71.
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IBD's proprietary rating measures share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or better RS Rating in the early stages of their moves. See if Trustmark can continue to rebound and hit that benchmark.
Trustmark is trying to complete a consolidation with a 40.73 buy point. See if the stock can break out in heavy volume.
Trustmark posted 42% earnings growth in the latest quarterly report. Sales rose 12%.
Trustmark earns the No. 19 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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