Score 8.1 (out of 10): REGIONS FINANCIAL sets up for +12.1% rally in 3 months

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What’s Going On Here?

REGIONS FINANCIAL provides retail banking and commercial banking, trust, stockbrokerage and mortgage services. The company was named one of America’s most ‘JUST’ companies – companies that are recognised for doing right by employees, customers and communities.

Why Now?

REGIONS FINANCIAL CORP has triggered a new high volatility signal (3 month). During similar occasions, REGIONS FINANCIAL CORP shares had a median return of +12.1%, over the following 3 months – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for REGIONS FINANCIAL CORP received a high score of 8.1 (out of 10). This insight was generated on 2022-February-17 with last price of 24.10.

What’s This Company About?

REGIONS FINANCIAL CORP is in the Commer Banks- Southern US business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth +15% (average). Ticker symbol: RF US.

What’s My Risk / Reward and Time Horizon?

We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 26.79 (+12.1%) has been reached. Based on REGIONS FINANCIAL CORP’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 22.8 (last price at 23.9), which is equivalent to a -4.6% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

2.8% (May-2020), 13.4% (March-2020), 10.8% (August-2019), -12.2% (December-2018), 6.3% (March-2018), 22.4% (April-2016), 34.1% (February-2016), 37% (October-2015), 16.4% (August- 2015), 7.2% (March-2015).

Historical Chart:

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Summary:

NameREGIONS FINANCIAL CORP
ViewUp
Star (1 to 10)8.1
Target+12.1%
Time3 months
Hist Rate90%

Popular Insights:

INFOSYS has denied that the company is launching a crypto project. But the company continues to expand aggressively in Costa Rico. ‘Wall Street’ analysts’ think the shares will rally +22% over the next 12 months.

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