On Monday, UBS Group earned an upgrade to its Relative Strength (RS) Rating, from 80 to 83.
This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against that of all other stocks.
Decades of market research shows that the best-performing stocks often have an 80 or higher RS Rating as they launch their biggest climbs.
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UBS Group is working on a flat base with a 35.84 buy point. See if the stock can break out in volume at least 40% above average.
UBS Group reported 0% earnings growth in its most recent report, while sales growth came in at -6%.
The company holds the No. 11 rank among its peers in the Banks-Money Centers industry group. Banco Bilbao Vizcaya ADR, Barclays ADR and Bk of NY Mellon are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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