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PrivateBancorp Up 35.2% Since SmarTrend Uptrend Call (PVTB)

By David Diaz

SmarTrend identified an Uptrend for PrivateBancorp (NASDAQ:PVTB) on June 29th, 2016 at $44.02. In approximately 11 months, PrivateBancorp has returned 35.23% as of today's recent price of $59.53.

In the past 52 weeks, shares of PrivateBancorp have traded between a low of $31.18 and a high of $60.43 and are now at $59.59, which is 91% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.4%.

PrivateBancorp, Inc., is a diversified financial services company. The Company through its subsidiaries, delivers business and personal financial service to middle-market commercial and commercial real estate companies, as well as business owners, executives, entrepreneurs and wealthy families.

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

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

Keywords: spotlights privatebancorp

Ticker(s): PVTB