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Northrim Bancorp Shares Up 17.0% Since SmarTrend's Buy Recommendation (NRIM)

By Amy Schwartz

SmarTrend identified an Uptrend for Northrim Bancorp (NASDAQ:NRIM) on June 28th, 2019 at $35.29. In approximately 3 months, Northrim Bancorp has returned 16.97% as of today's recent price of $41.28.

Over the past year, Northrim Bancorp has traded in a range of $29.66 to $44.98 and is now at $41.28, 39% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

Northrim BanCorp Inc. is the holding company for Northrim Bank. The Bank provides a full range of depository and loan services primarily to businesses individuals in Alaska. Northrim Bank operates offices in Anchorage, Eagle River, Wasilla, and Fairbanks.

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

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

Keywords: spotlights northrim bancorp

Ticker(s): NRIM