[ibd-display-video id=2102289 width=50 float=left autostart=true] This proprietary rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an 80 or higher RS Rating as they launch their biggest price moves. See if Popular can continue to show renewed price strength and hit that benchmark.
Popular broke out earlier, but has fallen back below the prior 43.56 entry from a cup without handle . If a stock you're tracking clears a buy point then falls 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new base and entry price. Also understand that the latest consolidation is a later-stage base, and those involve more risk.
Earnings grew -25% last quarter, up from -79% in the prior report. Revenue also increased, from 11% to 29%.
The company earns the No. 47 rank among its peers in the Banks-Southeast industry group. National Commerce ( NCOM ), Southern First Bancshares ( SFST ) and Live Oak Bancshares ( LOB ) are among the top 5 highly rated stocks within the group.