In a welcome move, Trustmark saw its Relative Strength Rating improve from 70 to 73 on Friday.
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This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to other publicly traded companies.
Decades of market research reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Trustmark can continue to show renewed price strength and clear that threshold.
Trustmark is trying to complete a consolidation with a 40.73 buy point. See if it can break out in volume at least 40% above average.
Trustmark posted 42% EPS growth last quarter. Revenue gains came in at 12%.
Trustmark earns the No. 13 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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