On Tuesday, UMB Financial got an upgrade to its Relative Strength (RS) Rating, from 64 to 71.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an 80 or higher RS Rating as they launch their biggest price moves. See if UMB Financial can continue to show renewed price strength and clear that threshold.
UMB Financial has climbed more than 5% past an 87.36 entry in a first-stage flat base, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings growth slowed in the most recent report from 9% to 4%. But revenue moved higher, from 17% to 41%.
UMB Financial holds the No. 17 rank among its peers in the Banks-Midwest industry group. First Financial, Alerus Financial and Bridgewater 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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