UBS Group had its Relative Strength (RS) Rating upgraded from 80 to 83 Thursday.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique rating tracks share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best-performing stocks tend to have an 80 or higher RS Rating as they begin their biggest climbs.
UBS Group has risen more than 5% past a 35.84 entry in a first-stage consolidation, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
The company reported negative growth for both sales and earnings last quarter. UBS Group is expected to report its next quarterly numbers on or around Jul. 30.
UBS Group earns the No. 10 rank among its peers in the Banks-Money Centers industry group. Barclays ADR, NatWest Group ADR and Bk of NY Mellon 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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