• Return to Headlines

Bullish Moving Average Cross by Sterling Bancorp (STL)

By Shiri Gupta

Today, shares of Sterling Bancorp (NYSE:STL) have crossed bullishly above their 10-day moving average of $19.34 on a volume of 157K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Sterling Bancorp has traded in a range of $15.62 to $22.54 and is now at $19.72, 26% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 1.1%.

SmarTrend is monitoring the recent change of momentum in Sterling Bancorp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Sterling Bancorp in search of a potential trend change.

Keywords: moving crosses sterling bancorp

Ticker(s): STL