Itau Unibanco Holding SA Shares Up 17.4% Since SmarTrend's Buy Recommendation (ITUB)
SmarTrend identified an Uptrend for Itau Unibanco Holding SA (NYSE:ITUB) on July 11th, 2016 at $9.76. In approximately 3 months, Itau Unibanco Holding SA has returned 17.36% as of today's recent price of $11.46.
Over the past year, Itau Unibanco Holding SA has traded in a range of $5.48 to $12.93 and is now at $11.46, 109% above that low. The 200-day and 50-day moving averages have moved 0.28% lower and 2.37% higher over the past week, respectively.
Itau Unibanco Holding SA attracts deposits and offer retail, commercial, corporate, and private banking services. The Bank offers consumer loans, financial management, insurance, pension plans, treasury services, mortgage loans, lease financing, securities brokerage, and foreign exchange services.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Itau Unibanco Holding SA shares.
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