Citizens Financial Group had its Relative Strength (RS) Rating upgraded from 70 to 75 Friday — a welcome improvement, but still short of the 80 or higher score you look for.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating north of 80 as they launch their largest price moves. See if Citizens Financial Group can continue to show renewed price strength and clear that threshold.
While it's not currently an ideal time to jump in, see if the stock manages to offer and clear a proper buy point.
Citizens Financial Group reported negative growth for both sales and earnings last quarter. The company is expected to report its next quarterly numbers on or around Jul. 16.
Citizens Financial Group holds the No. 50 rank among its peers in the Banks-Northeast industry group. Capital Bancorp, Unity Bancorp and Chain Bridge 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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