The Relative Strength (RS) Rating for BankUnited moved into a higher percentile Thursday, as it got a lift from 64 to 72.
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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 stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating in the early stages of their moves. See if BankUnited can continue to show renewed price strength and hit that benchmark.
BankUnited is not currently showing a potential entry point. See if the stock goes on to form a sound pattern that could launch a new move.
While the company's top line growth fell last quarter from 13% to 6%, EPS grew 22%, up from 8% in the prior report. Keep an eye out for the company's next round of numbers on or around Jul. 23.
The company holds the No. 9 rank among its peers in the Finance-Savings & Loans industry group. Magyar Bancorp, Pathward Financial and Axos Financial 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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