On Tuesday, Huntington Bancshares earned an upgrade to its Relative Strength (RS) Rating, from 63 to 71.
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matched up against all other stocks.
Over 100 years of market history reveals that the best stocks often have an 80 or higher RS Rating in the early stages of their moves. See if Huntington Bancshares stock can continue to show renewed price strength and hit that benchmark.
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Is Huntington Bancshares Stock A Buy?
Huntington Bancshares is trying to complete a consolidation with a 15.74 buy point. See if the regional bank stock can break out in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The Columbus, Ohio-based regional bank posted negative growth for both the top and bottom lines last quarter.
Huntington Bancshares stock holds the No. 3 rank among its peers in the Banks-Super Regional industry group. Fifth Third Bancorp is the top-ranked stock within the group.
