In a welcome move, Huntington Bancshares saw its Relative Strength Rating rise from 70 to 73 on Thursday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating identifies share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an RS Rating of over 80 in the early stages of their moves. See if Huntington Bancshares can continue to rebound and hit that benchmark.
Huntington Bancshares is working on a consolidation with an 18.45 buy point. See if the stock can break out in heavy trading.
The company showed 17% earnings growth last quarter, while sales growth came in at 7%.
The company holds the No. 3 rank among its peers in the Banks-Super Regional industry group. Regions Financial is the top-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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