On Thursday, United Community Banks received an upgrade to its Relative Strength (RS) Rating, from 70 to 74.
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IBD's proprietary rating tracks share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they begin their biggest climbs. See if United Community Banks can continue to rebound and clear that threshold.
United Community Banks is working on a consolidation with a 35.38 entry. See if the stock can break out in volume at least 40% higher than normal.
The company showed 13% EPS growth in its most recent report. Revenue rose 4%. The next quarterly numbers are expected on or around Jul. 23.
United Community Banks holds the No. 43 rank among its peers in the Banks-Southeast industry group. Popular Inc., Capital City Bank Group and Red River Bancshares 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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