On Monday, KeyCorp reached an important performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 82, up from 79 the day before.
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IBD's proprietary rating tracks market leadership 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 reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they launch their biggest price moves.
KeyCorp is working on a consolidation with a 20.04 entry. See if it can break out in heavy trade.
EPS growth fell last quarter from 52% to 50%, but revenue rose from -44% to 16%. The company is expected to report its latest earnings and sales numbers on or around Jul. 22.
KeyCorp earns the No. 2 rank among its peers in the Banks-Super Regional industry group. Northern Trust is the No. 1-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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