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Shares of Kearny Financial Rise Above Previous 52-Week High

By Nick Russo

Shares of Kearny Financial (NASDAQ:KRNY) traded at a new 52-week high today of $13.61. This new high was reached on below average trading volume as 60,000 shares traded hands, while the average 30-day volume is approximately 349,000 shares.

Kearny Financial (NASDAQ:KRNY) is currently priced 1.9% above its average consensus analyst price target of $13.33. The stock should discover initial support at its 50-day moving average (MA) of $12.39 and subsequent support at its 200-day MA of $12.00.

Kearny Financial Corporation is a bank holding company.

Kearny Financial share prices have moved between a 52-week high of $13.61 and a 52-week low of $9.49 and are now trading 43% above that low price at $13.59 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%.

SmarTrend recommended that subscribers consider buying shares of Kearny Financial on April 14th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $12.82. Since that recommendation, shares of Kearny Financial have risen 6.0%. We continue to monitor KRNY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows kearny financial

Ticker(s): KRNY