SmarTrend identified an Uptrend for Preferred Bank (NASDAQ:PFBC) on August 20th, 2012 at $12.51. In approximately 4 months, Preferred Bank has returned 13.51% as of today's recent price of $14.20.

In the past 52 weeks, shares of Preferred Bank have traded between a low of $7.40 and a high of $14.57 and are now at $14.20, which is 92% above that low price. The 200-day and 50-day moving averages have moved 0.56% higher and 0.22% higher over the past week, respectively.

Preferred Bank is a full-service commercial bank that specializes in several specific market niches. The Bank serves middle market business, international market business, professionals, real estate financing, international private banking, merchant processing, and other niche markets. Preferred Bank serves clients through several offices located in California.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Preferred Bank shares.

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