Synovus Financial had its Relative Strength (RS) Rating upgraded from 77 to 81 Monday.
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This proprietary rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of other stocks on the major indexes.
Over 100 years of market history shows that the best stocks often have an RS Rating north of 80 as they begin their biggest runs.
Synovus Financial is working on a consolidation with a 59.92 buy point. See if it can clear the breakout price in heavy trade.
Earnings growth decreased last quarter from 65% to 28%. But revenue gains moved higher, from 6% to 94%.
The company earns the No. 3 rank among its peers in the Banks-Southeast industry group. SmartFinancial 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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