O’Neil Financial Sector Weekly

Financial advanced 1.2% and 5.3% over the last five trading sessions and in the last four weeks, respectively.

 

Over the last five sessions:
Leading: Insurance-Acc & Health, Finance-CrdtCard/PmtPr, and Finance-Investment Mgmt.
Lagging: Banks-Midwest, Insurance-Prop/Cas/Titl, and Banks-West/Southwest.

Innovative Industrial Properties

Key points from this report:

 

  • The stock recently broke out from a 23-week cup base on above average volume and is actionable.
  • Strong fundamental profile: Composite Rating 99, SMR Rating A. The company’s margin and ROE are in an uptrend and have been improving since 2017.
  • Technical profile has strengthened significantly over the last four weeks. Its RS line is trending higher with a strong RS Rating of 88. A/D Rating of B+ and Up Down Volume ratio of 2.2.

O’Neil Financial Sector Weekly

Financial advanced 0.2% over the last five trading sessions and declined 1.1% over the last four weeks.

Over the last five sessions:
Leading: Finance-Consumer Loans, Insurance-Diversified and Finance-Invest Bnk/Bkrs.
Lagging: Finance-CrdtCard/PmtPr, Banks-Foreign and Banks-Super Regional.

O’Neil Financial Sector Weekly

Financial gained 3.9% over the last five sessions and declined 4% over the last eight weeks.

Over the last five sessions:
Leading: Finance-Consumer Loans, Finance-CrdtCard/PmtPr, Real Estate Dvlpmt/Ops
Lagging: Banks-Northeast, Finance-Savings & Loan, Insurance-Prop/Cas/Tit