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Investors Business Daily
Investors Business Daily
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INVESTOR'S BUSINESS DAILY

Stocks To Watch: First Finl Bancorp OH Sees Relative Strength Rating Rise To 85

On Thursday, First Finl Bancorp OH cleared a noteworthy technical benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 85, up from 72 the day before.

IBD's proprietary rating identifies price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.

Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating north of 80 as they launch their biggest runs.

Risk Management In The Stock Market: How Much Money To Invest Now

First Finl Bancorp OH is still inside a buy zone after climbing above a 28.25 buy point in a consolidation. The proper buying range extends to 5% above the initial entry. Once a stock moves above that range, it's best to wait for it to set up another buying opportunity.

Regarding top and bottom line numbers, the company has posted rising EPS growth over the last two quarters. Sales gains have not followed the same trajectory, coming in at -5% in the latest report.

First Finl Bancorp OH holds the No. 18 rank among its peers in the Finance-Savings & Loans industry group. Axos Financial, Northeast Community Bncp and Synchrony Financial are among the top 5 highly rated stocks within the group.

RELATED:

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Why Should You Use IBD's Relative Strength Rating?

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