The Relative Strength (RS) Rating for Hancock Whitney entered a new percentile Tuesday, as it got a lift from 65 to 73.
IBD's proprietary RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the best-performing stocks typically have an RS Rating of above 80 as they begin their largest runs. See if Hancock Whitney can continue to rebound and clear that threshold.
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Hancock Whitney is working on a consolidation with a 57.78 entry. See if the stock can clear the breakout price in heavy trade.
In terms of top and bottom line numbers, Hancock Whitney has posted rising EPS growth in each of the last four reports. Sales growth has also increased over the same time frame.
The company earns the No. 30 rank among its peers in the Banks-Southeast industry group. MetroCity Bankshares, Burke Herbert Finl Svcs and Southern States Bcshs are among the top 5 highly rated stocks within the group.
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