In a welcome move, WSFS Financial saw its Relative Strength Rating rise from 65 to 73 on Thursday.
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This proprietary rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the best stocks often have an RS Rating of over 80 as they begin their largest price moves. See if WSFS Financial can continue to show renewed price strength and hit that benchmark.
WSFS Financial is working on a double bottom with a 59.43 buy point. See if the stock can break out in volume at least 40% higher than normal.
Earnings grew 2% last quarter, up from -3% in the prior report. Revenue also increased, from -1% to 2%.
The company earns the No. 24 rank among its peers in the Finance-Savings & Loans industry group. Magyar Bancorp, Pathward Financial and IF Bancorp 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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