On Wednesday, Trustmark earned a positive adjustment to its Relative Strength (RS) Rating, from 68 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they begin their biggest climbs. See if Trustmark can continue to show renewed price strength and hit that benchmark.
Trustmark is working on a consolidation with a 40.73 entry. See if the stock can break out in volume at least 40% higher than normal.
Trustmark showed 42% EPS growth last quarter, while sales growth came in at 12%.
The company holds the No. 15 rank among its peers in the Banks-Southeast industry group. Southern States Bcshs, Popular Inc. and Capital City Bank Group 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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