On Tuesday, Deutsche Bank cleared a key performance benchmark, with its Relative Strength (RS) Rating moving into the 80-plus percentile with an improvement to 83, an increase from 79 the day before.
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating of above 80 as they launch their biggest climbs.
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Deutsche Bank is working on a consolidation with a 17.95 entry. See if it can clear the breakout price in volume at least 40% above average.
Earnings growth increased last quarter from 0% to 53%, but revenue fell from 17% to 15%.
The company earns the No. 6 rank among its peers in the Banks-Money Centers industry group. Morgan Stanley, Barclays ADR and Goldman Sachs are among the top 5 highly rated stocks within the group.
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