The Relative Strength (RS) Rating for United Community Banks entered a new percentile Friday, as it got a lift from 68 to 73.
IBD's proprietary rating tracks price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves. See if United Community Banks can continue to rebound and clear that threshold.
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United Community Banks is building a cup with handle with a 34.57 entry. See if the stock can clear the breakout price in heavy volume.
Earnings-per-share growth dropped in the company's most recent report from 27% to 19%, but revenue rose from -7% to 39%.
The company earns the No. 17 rank among its peers in the Banks-Southeast industry group. USCB Financial Holdings, ServisFirst Bancshares and First Community 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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