Stocks With Rising Relative Strength: BOFI Holdings
Shutterstock photo
BOFI Holdings ( BOFI ) saw a positive improvement to its Relative Strength ( RS ) Rating on Thursday, rising from 62 to 72.
[ibd-display-video id=449433 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks typically have an RS Rating of over 80 as they begin their largest runs. See if BOFI Holdings can continue to rebound and hit that benchmark.
Looking For Winning Stocks? Try This Simple Routine
BOFI Holdings is working on a cup without handle with a 32.67 entry . See if the stock can break out in volume at least 40% higher than normal.
BOFI Holdings showed 9% earnings growth in its most recent report, while sales growth came in at 9%. Keep an eye out for the company's next round of numbers on or around Oct. 27.
The company holds the No. 12 rank among its peers in the Finance-Savings & Loans industry group. Malvern Bancorp ( MLVF ), Greene County Bancorp ( GCBC ) and Western New England Bancorp ( WNEB ) are among the top 5 highly rated stocks within the group.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
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.
