KeyCorp saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an increase from 68 to 71.
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This exclusive rating from Investor's Business Daily identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 as they launch their largest price moves. See if KeyCorp can continue to show renewed price strength and hit that benchmark.
KeyCorp is working on a cup with handle with a 19.50 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
While earnings growth decreased in the company's most recent performance report from 50% to 35%, revenue rose 21%, up from 16% in the prior report. The next quarterly results are expected on or around Oct. 16.
The company earns the No. 3 rank among its peers in the Banks-Super Regional industry group. Regions Financial 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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