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Stocks With Rising Relative Strength: UBS

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UBS ( UBS ) had its Relative Strength ( RS ) Rating upgraded from 67 to 71 Thursday -- a welcome improvement, but still below the 80 or higher score you prefer to see.

[ibd-display-video id=2385970 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.

History shows that the best stocks often have an RS Rating of at least 80 in the early stages of their moves. See if UBS can continue to show renewed price strength and hit that benchmark.

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UBS is now considered extended and out of buy range after clearing a 17.65 buy point in a first-stage saucer with handle . See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

Earnings growth fell last quarter from 13% to 0%. But sales moved higher, from -1% to 5%. The company is expected to report its latest results on or around Jan. 27.

UBS holds the No. 8 rank among its peers in the Banks-Money Centers industry group. Morgan Stanley ( MS ), Bank Of America ( BAC ) and JPMorgan Chase ( JPM ) are among the top 5 highly rated stocks 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.

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