The Relative Strength (RS) Rating for Bank OZK jumped into a new percentile Wednesday, with an increase from 78 to 82.
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 movement over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves.
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Bank OZK is still inside a buying range after clearing a 51.50 entry in a cup without handle. Once a stock moves 5% or higher beyond the initial entry, it's considered out of a proper buy zone.
Bank OZK showed 4% earnings growth in the latest quarterly report. Sales gains came in at 1%.
The company earns the No. 13 rank among its peers in the Banks-Southeast industry group. USCB Financial Holdings, First Community and Community Trust Bancorp are among the top 5 highly rated stocks within the group.
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