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Fnb Corp: New 52-Week Low Set Today (FNB)

By David Diaz

Shares of Fnb Corp (NYSE:FNB) traded at a new 52-week low today of $12.22. This new low was reached on below average trading volume as 431,000 shares traded hands, while the average 30-day volume is approximately 2.4 million shares.

Fnb Corp share prices have moved between a 52-week high of $14.91 and the current low of $12.22 and are currently at $12.27 per share. The 200-day and 50-day moving averages have moved 0.22% lower and 0.18% lower over the past week, respectively.

Potential upside of 28.4% exists for Fnb Corp, based on a current level of $12.27 and analysts' average consensus price target of $15.75. The stock should run into initial resistance at its 50-day moving average (MA) of $13.17 and subsequent resistance at its 200-day MA of $13.61.

F.N.B. Corporation is a financial services holding company. The Company, through its subsidiaries, provides a variety of financial services, primarily to consumers and small to medium-sized businesses. F.N.B. subsidiaries operate through a network of offices in Pennsylvania, northern and central Tennessee, and eastern Ohio.

SmarTrend recommended that its subscribers protect gains by selling shares of Fnb Corp on July 25th, 2018 by issuing a Downtrend alert when the shares were trading at $12.65. Since that call, shares of Fnb Corp have fallen 3.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: 52 week high/lows fnb corp

Ticker(s): FNB