On Monday, Truist Financial received an upgrade to its Relative Strength (RS) Rating, from 67 to 75.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves. See if Truist Financial can continue to rebound and hit that benchmark.
Truist Financial is trying to complete a consolidation with a 49.05 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
The company posted 13% EPS growth in the latest quarterly report. Sales rose 2%. The company is expected to report its latest numbers on or around Jul. 18.
Truist Financial earns the No. 7 rank among its peers in the Banks-Super Regional industry group. Northern Trust, KeyCorp and Huntington 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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