In a welcome move, United Community Banks saw its Relative Strength Rating improve from 68 to 73 on Friday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating measures 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.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating of above 80 in the early stages of their moves. See if United Community Banks can continue to rebound and hit that benchmark.
United Community Banks is working on a consolidation with a 35.38 entry. See if it can clear the breakout price in heavy trading.
The company reported 13% EPS growth in the latest quarterly report. Revenue rose 4%. Look for the next report on or around Jul. 23.
United Community Banks holds the No. 35 rank among its peers in the Banks-Southeast industry group. FVCBankcorp, SmartFinancial and Red River 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.
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