On Monday, Huntington Bancshares earned an upgrade to its Relative Strength (RS) Rating, from 65 to 74.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the market's biggest winners typically have an RS Rating of at least 80 as they launch their largest runs. See if Huntington Bancshares can continue to rebound and clear that threshold.
Huntington Bancshares is building a consolidation with an 18.45 entry. See if it can break out in volume at least 40% above average.
The company reported 21% EPS growth last quarter, while sales growth came in at 9%.
The company earns the No. 2 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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