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Shares of GBNK Down 18.2% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Guaranty Bancorp (NASDAQ:GBNK) on November 20th, 2018 at $25.38. In approximately 6 months, Guaranty Bancorp has returned 18.24% as of today's recent price of $20.75.

Over the past year, Guaranty Bancorp has traded in a range of $18.78 to $35.20 and is now at $20.75, 10% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

Guaranty Bancorp is a bank holding company owning or controlling one or more banks. The Banks offer a broad range of lending, depository, and financial services to commercial, industrial, and residential customers.

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

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

Keywords: spotlights guaranty bancorp

Ticker(s): GBNK