Banc of California saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 70 to 78.
This proprietary rating measures market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the best stocks tend to have an RS Rating of at least 80 as they begin their biggest climbs. See if Banc of California can continue to rebound and hit that benchmark.
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Banc of California is not currently offering a proper buying opportunity. See if the stock goes on to form a chart pattern that could kick off a new price move.
Banc of California reported 0% earnings growth last quarter. Revenue gains came in at 24%.
The company earns the No. 4 rank among its peers in the Finance-Savings & Loans industry group. Northeast Community Bncp is the top-ranked stock within the group.
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