On Tuesday, WSFS Financial got a positive adjustment to its Relative Strength (RS) Rating, from 68 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks compares to the rest of the market.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they launch their biggest climbs. See if WSFS Financial can continue to rebound and hit that benchmark.
WSFS Financial is trying to complete a double bottom with a 59.43 entry. See if the stock can break out in heavy trade.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -3% to 2%. Revenue rose from -1% to 2%.
The company holds the No. 25 rank among its peers in the Finance-Savings & Loans industry group. Magyar Bancorp, Pathward Financial and First Capital 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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