• Return to Headlines

Bullish Moving Average Cross by Synovus Finl (SNV)

By Nick Russo

Synovus Finl (NYSE:SNV) shares have crossed bullishly above their 10-day moving average of $35.35 on a volume of 162K 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, Synovus Finl has traded in a range of $29.93 to $51.55 and is now at $35.56, 19% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

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

Keywords: moving crosses synovus finl

Ticker(s): SNV