The Relative Strength ( RS ) Rating for Huntington Bancshares ( HBAN ) entered a new percentile Wednesday, as it got a lift from 69 to 72.
[ibd-display-video id=2385970 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if Huntington Bancshares can continue to rebound and hit that benchmark.
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Huntington Bancshares is within a buying range after moving past a 14.84 entry in a consolidation . Once a stock moves 5% or higher beyond the original entry, it's considered out of buy range.
The company posted 14% earnings growth last quarter. Revenue gains came in at 21%.
Huntington Bancshares holds the No. 4 rank among its peers in the Banks-Super Regional industry group. SVB Financial ( SIVB ) is the No. 1-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.
