Citigroup Earns Relative Strength Rating Upgrade After Yearlong Run; Prepping For Another Run?

Citigroup Earns Relative Strength Rating Upgrade After Yearlong Run; Prepping For Another Run?

Bank stocks have been performing well lately amid a recent increase in interest rates and slowly rebounding economy. On Wednesday, Citigroup earned a positive adjustment to its Relative Strength (RS) Rating, from 67 to 71. The 71 Relative Strength Rating means that New York-based Citigroup has outperformed 71% of all stocks over the past year.