On Friday, Ally Financial received a positive adjustment to its Relative Strength (RS) Rating, from 70 to 73.
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This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Ally Financial can continue to show renewed price strength and clear that threshold.
Ally Financial is working on a consolidation with a 45.46 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Taking a look at revenue and profit performance, the company has posted rising EPS growth over the last four quarters. Revenue growth has been a different story, coming in at -19% in the latest report. The company is expected to report its next quarterly numbers on or around Jul. 18.
Ally Financial earns the No. 25 rank among its peers in the Financial Services-Specialty industry group. Jiayin Group ADR, X Financial ADR and FinVolution Group ADR 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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