In a welcome move, Deutsche Bank saw its Relative Strength Rating rise from 69 to 77 on Wednesday.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an RS Rating of at least 80 as they begin their biggest climbs. See if Deutsche Bank can continue to rebound and hit that benchmark.
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Deutsche Bank is working on a consolidation with a 17.95 buy point. See if it can break out in heavy trade.
Earnings growth rose last quarter from 0% to 53%, but sales fell from 17% to 15%.
Deutsche Bank earns the No. 11 rank among its peers in the Banks-Money Centers industry group. NatWest Group ADR, Goldman Sachs and Morgan Stanley are among the top 5 highly rated stocks within the group.
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