On Friday, WesBanco got an upgrade to its Relative Strength (RS) Rating, from 70 to 73.
Can You Really Time The Stock Market?
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The score 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 top-performing stocks often have an 80 or better RS Rating in the early stages of their moves. See if WesBanco can continue to rebound and clear that threshold.
WesBanco is working on a double bottom with a 37.18 entry. See if it can clear the breakout price in heavy trading.
Earnings growth slowed last quarter from 29% to 18%. But sales moved higher, from 10% to 34%. Look for the next report on or around Jul. 29.
The company holds the No. 15 rank among its peers in the Banks-Southeast industry group. SmartFinancial, 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!