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Shares of HTBK Up 23.2% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Heritage Commerc (NASDAQ:HTBK) on September 29th, 2017 at $14.27. In approximately 9 months, Heritage Commerc has returned 23.20% as of today's recent price of $17.58.

In the past 52 weeks, shares of Heritage Commerc have traded between a low of $12.76 and a high of $18.10 and are now at $17.58, which is 38% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.5%.

Heritage Commerce Corp is a holding company for Heritage Bank of Commerce. The Bank attracts deposits from the general public and uses such funds to originate a variety of commercial and consumer loans. Heritage Bank operates in Santa Clara and Alameda counties in California, as well as the San Francisco Bay area.

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

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

Keywords: spotlights heritage commerc

Ticker(s): HTBK