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Shares of CNOB Down 27.0% Since Downtrend Call on Shares

By Amy Schwartz

SmarTrend identified a Downtrend for Connectone Banco (NASDAQ:CNOB) on March 29th, 2018 at $29.13. In approximately 8 months, Connectone Banco has returned 27.00% as of today's recent price of $21.26.

Connectone Banco share prices have moved between a 52-week high of $31.40 and the current low of $0.00 and are currently at $0.00 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.6% while the 200-day MA has slid 0.7%.

ConnectOne Bancorp, Inc. is a community-based, full-service commercial bank holding company. The company concentrates on asset generation efforts in real estate, construction, business loans, and deposit accounts.

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

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

Keywords: spotlights connectone banco

Ticker(s): CNOB