Credit: Shutterstock photoOn Tuesday, BOFI Holdings ( BOFI ) got a positive adjustment to its Relative Strength ( RS ) Rating , from 70 to 74.
[ibd-display-video id=2385970 width=50 float=left autostart=true] This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating of at least 80 as they begin their biggest climbs. See if BOFI Holdings can continue to show renewed price strength and hit that benchmark.
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BOFI Holdings is building a cup without handle with a 32.67 entry . See if it can clear the breakout price in volume at least 40% higher than normal.
Earnings grew 11% last quarter, up from 9% in the prior report. Revenue also increased, from 9% to 14%. Look for the next report on or around Jan. 30.
BOFI Holdings holds the No. 2 rank among its peers in the Finance-Savings & Loans industry group. Greene County Bancorp ( GCBC ) is the top-ranked stock within the group.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
