The Relative Strength (RS) Rating for U.S. Bancorp headed into a new percentile Monday, as it got a lift from 70 to 75.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of at least 80 as they launch their largest runs. See if U.S. Bancorp can continue to rebound and hit that benchmark.
U.S. Bancorp is working on a cup without handle with a 53.98 entry. See if the stock can break out in volume at least 40% above average.
The company posted 14% earnings growth last quarter. Sales rose 4%. The next quarterly numbers are expected on or around Jul. 17.
U.S. Bancorp holds the No. 8 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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