On Tuesday, Trustmark got an upgrade to its Relative Strength (RS) Rating, from 64 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of at least 80 in the early stages of their moves. See if Trustmark can continue to rebound and hit that benchmark.
Trustmark is trying to complete a double bottom with a 38.92 entry. See if it can break out in volume at least 40% higher than normal.
The company reported 42% EPS growth last quarter, while sales growth came in at 12%.
Trustmark holds the No. 19 rank among its peers in the Banks-Southeast industry group. Southern States Bcshs, Old Point Financial 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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