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Ameris Stock Notches An RS Rating You Can Bank On

When looking for the best stocks to buy and watch, focus on those with rising relative price strength. Ameris Bancorp (ABCB) had its Relative Strength Rating upgraded from 79 to 82 Monday. Is Ameris stock on your radar?




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD’s unique RS Rating identifies technical performance by showing how a stock’s price movement over the last 52 weeks compares to that of the other stocks in our database.

History shows that the best stocks often have an 80 or higher RS Rating in the early stages of their moves. So an 82 RS Rating for Ameris stock is noteworthy.


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Is Ameris Stock In The Buy Zone?

Ameris stock is working on a consolidation with a 59.95 buy point. See if Ameris stock can break out in heavy volume.

The Atlanta-based bank holding company reported 105% EPS growth in the latest quarterly report. Sales contracted 14%.

Ameris stock holds the No. 26 rank among its peers in the Banks-Southeast industry group. MetroCity Bankshares (MCBS) and First Bancorp (FBP) are also among the group’s highest-rated stocks.

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