• Return to Headlines

Suntrust Banks Crosses Above its 10-day MA (STI)

By Shiri Gupta

Today, shares of Suntrust Banks (NYSE:STI) have advanced above their 10-day MA of $56.51 on a volume of 514K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Suntrust Banks share prices have moved between a 52-week high of $61.69 and a 52-week low of $37.71 and are now trading 50% above that low price at $56.69 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.5%.

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

Keywords: moving crosses suntrust banks

Ticker(s): STI