Regions Financial had its Relative Strength (RS) Rating upgraded from 63 to 72 Wednesday — a welcome improvement, but still below the 80 or better score you prefer to see.
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This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an RS Rating of over 80 as they launch their biggest price moves. See if Regions Financial can continue to show renewed price strength and hit that benchmark.
Regions Financial is building a cup without handle with a 27.96 entry. See if the stock can break out in volume at least 40% above average.
EPS growth declined in the company's latest report from 51% to 23%, but the top line rose from 0% to 2%. The company is expected to report its latest earnings and sales numbers on or around Jul. 18.
The company holds the No. 5 rank among its peers in the Banks-Super Regional industry group. Northern Trust 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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