In a welcome move, Commerce Bancshares saw its Relative Strength Rating rise from 67 to 72 on Monday.
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This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners tend to have an RS Rating of over 80 as they begin their biggest climbs. See if Commerce Bancshares can continue to show renewed price strength and hit that benchmark.
Commerce Bancshares is trying to complete a consolidation with a 72.75 buy point. See if it can clear the breakout price in heavy trade.
While the company's bottom line growth dropped in the company's most recently reported quarter from 28% to 20%, sales grew 8%, up from 7% in the prior report. The next quarterly numbers are expected on or around Jul. 16.
The company holds the No. 20 rank among its peers in the Banks-Midwest industry group. First Financial, First Business Finl Svcs and Southern Missouri Bncp 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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