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Relatively Good Performance Detected in Shares of Wash Fed in the Thrifts & Mortgage Finance Industry (WAFD , NMIH , MTG , FBC , NYCB )

By James Quinn

We looked at the Thrifts & Mortgage Finance industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Wash Fed (NASDAQ:WAFD ) ranks first with a gain of 5.70%; Nmi Holdings I-A (NASDAQ:NMIH ) ranks second with a gain of 1.26%; and Mgic Invt Corp (NYSE:MTG ) ranks third with a gain of 1.09%.

Flagstar Bancorp (NYSE:FBC ) follows with a gain of 0.31% and Ny Comm Bancorp (NYSE:NYCB ) rounds out the top five with a gain of 0.25%.

SmarTrend is tracking the current trend status for Wash Fed and will alert subscribers who have WAFD in their portfolio or watchlist when shares have changed trend direction.

Keywords: relative performance wash fed nmi holdings i-a mgic invt corp flagstar bancorp ny comm bancorp