On Thursday, KeyCorp received an upgrade to its Relative Strength (RS) Rating, from 86 to 91.
This unique rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks tend to have an RS Rating north of 80 at the beginning of a new run.
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KeyCorp has climbed more than 5% past a 15.61 entry in a first-stage double bottom, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.
In terms of top and bottom line numbers, the company has posted five quarters of rising earnings growth. Top line growth has been less impressive, coming in at -56% last quarter.
KeyCorp holds the No. 10 rank among its peers in the Banks-Super Regional industry group. Fulton Financial, Northern Trust and PNC Financial Services are among the top 5 highly rated stocks within the group.
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