• Return to Headlines

Synovus Financial Crosses Above its 10-day MA (SNV)

By Shiri Gupta

Synovus Financial (NYSE:SNV) crossed over its 10-day moving average of $41.36 on a volume of 121K 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.

In the past 52 weeks, Synovus Financial share prices have been bracketed by a low of $25.48 and a high of $44.09 and are now at $42.09, 65% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.0%.

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

Keywords: moving crosses synovus financial

Ticker(s): SNV