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Bryn Mawr Bank Shares Down 23.5% Since SmarTrend's Sell Call (BMTC)

By Shiri Gupta

SmarTrend identified a Downtrend for Bryn Mawr Bank (NASDAQ:BMTC) on September 17th, 2018 at $47.23. In approximately 3 months, Bryn Mawr Bank has returned 23.46% as of today's recent price of $36.15.

Bryn Mawr Bank share prices have moved between a 52-week high of $50.35 and a 52-week low of $34.77 and are now trading 4% above that low price at $36.15 per share. The 200-day and 50-day moving averages have moved 0.27% lower and 1.5% lower over the past week, respectively.

Bryn Mawr Bank Corporation is a bank holding company for The Bryn Mawr Trust Company. The Bank accepts deposits and makes various loans, as well as provides a variety of trust services. Bryn Mawr Trust operates in portions of Delaware, in addition to Montgomery and Chester counties in southeastern Pennsylvania.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Bryn Mawr Bank.

Log in and add Bryn Mawr Bank (BMTC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights bryn mawr bank

Ticker(s): BMTC