This Financial Stock Just Hit New All-Time Highs

Core Insights - State Street (STT) is valued at $33.3 billion and operates as a financial holding company providing a range of products and services for institutional investors globally [1] - The stock has shown strong technical momentum, trading above key moving averages, and has received a 100% "Buy" opinion from Barchart [5][6] - STT has experienced a significant price increase of nearly 33% over the past year, with an all-time high of $117.31 reached on September 29 [4][5][6] Company Overview - State Street serves a diverse clientele, including mutual fund providers, collective investment fund managers, corporate and public retirement plan providers, insurance companies, foundations, endowments, and investment managers [1] Technical Analysis - The stock has a Weighted Alpha of +37.24 and a Relative Strength Index (RSI) of 66.36, indicating strong performance [6] - STT has maintained its Trend Seeker "Buy" signal and has made five new highs while gaining 1.98% in the last month [6] - A technical support level is identified around $116.07, providing a potential safety net for investors [6]