The Relative Strength (RS) Rating for KeyCorp moved into a new percentile Friday, as it got a lift from 67 to 71.
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IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 as they launch their largest price moves. See if KeyCorp can continue to show renewed price strength and clear that threshold.
KeyCorp is working on a consolidation with a 20.04 buy point. See if it can clear the breakout price in heavy trading.
Earnings growth declined in the company's latest report from 52% to 50%, but the top line rose from -44% to 16%. The next quarterly results are expected on or around Jul. 22.
The company holds the No. 3 rank among its peers in the Banks-Super Regional industry group. Northern Trust is the No. 1-ranked stock 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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