TipRanks’ Technical Analysis Screener gives investors everything they need to find the stocks that fit their unique technical analysis investment strategy. Using the screener, we have identified three stocks that are considered Strong Buys according to both their technical analysis score and Wall Street analysts’ ratings.
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Here are this week’s stocks:
Essent Group (NYSE:ESNT) – Essent Group is a holding company offering private mortgage insurance and reinsurance for mortgages originated by lenders. The stock has a Strong Buy overall technical analysis score. It also has a Strong Buy analyst consensus rating, with a 12-month consensus price target indicating an upside of about 13%.
NiSource (NYSE:NI) – NiSource operates as a regulated natural gas and electric utility in the United States. The stock carries a Strong Buy overall technical analysis score. Analysts concur with that sentiment, giving a Strong Buy consensus rating with a 12-month price target that implies an upside of about 10%.
Webster Financial (NYSE:WBS) – Webster Financial is a regional bank holding company based in the United States. The stock has a Strong Buy overall technical analysis score. Likewise, analysts have given WBS stock a Strong Buy consensus rating, with a 12-month price target indicating over 22% upside on the stock.
What Is the TipRanks Technical Analysis Score?
TipRanks’ unique calculation combines the Moving Average score and the Oscillator score to assess a stock’s technical strength or weakness. The score provides a comprehensive view of a stock’s potential price movement based on historical data and technical analysis.
