Hingham Institution Savs saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 68 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an RS Rating of at least 80 as they begin their biggest price moves. See if Hingham Institution Savs can continue to rebound and clear that threshold.
Hingham Institution Savs is building a consolidation with a 300.00 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth rose in the company's most recent report from 154% to 176%, but revenue fell from 45% to 15%.
The company holds the No. 22 rank among its peers in the Banks-Northeast industry group. Capital Bancorp, Ponce Financial Group 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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!