SmarTrend identified a Downtrend for CVB Financial (NASDAQ:CVBF) on October 18th, 2012 at $11.47. In approximately 2 months, CVB Financial has returned 12.25% as of today's recent price of $10.06.

In the past 52 weeks, CVB Financial share prices have been bracketed by a low of $9.23 and a high of $12.95 and are now at $10.06, 9% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.2%.

CVB Financial Corp. is the holding company for Citizens Business Bank and Community Trust Deed Services. The Bank attracts deposits and originates loans, as well as serves as a federal tax depository for its business customers. Citizens operates in Southern California.

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

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