Citizens Financial Group had its Relative Strength (RS) Rating upgraded from 80 to 85 Monday.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their biggest price moves.
Citizens Financial Group is now considered extended and out of buy range after clearing a 42.50 buy point in a first-stage cup with handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Citizens Financial Group posted negative growth for both sales and earnings last quarter. The company is expected to report its next quarterly numbers on or around Jul. 17.
The company earns the No. 51 rank among its peers in the Banks-Northeast industry group. Capital Bancorp, Peoples Fincl Svcs and Unity 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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