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Downtrend Call Working As Customers Bancor Stock Falls 54.9% (CUBI)

By David Diaz

SmarTrend identified a Downtrend for Customers Bancor (NYSE:CUBI) on January 29th, 2020 at $22.01. In approximately 2 months, Customers Bancor has returned 54.92% as of today's recent price of $9.92.

In the past 52 weeks, Customers Bancor share prices have been bracketed by a low of $9.65 and a high of $25.72 and are now at $9.92, 3% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 4.8%.

Customers Bancorp, Inc. provides banking services. The Company offers checking and saving accounts, personal and commercial loans, and retirement planning services. Customers Bancorp serves customers throughout the State of Pennsylvania.

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

Log in and add Customers Bancor (CUBI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights customers bancor

Ticker(s): CUBI