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Shares of PSTB Up 16.8% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Park Sterling Bank (NASDAQ:PSTB) on April 15th, 2016 at $6.90. In approximately 6 months, Park Sterling Bank has returned 16.81% as of today's recent price of $8.06.

Over the past year, Park Sterling Bank has traded in a range of $5.90 to $8.59 and is now at $8.06, 37% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.5%.

Park Sterling Bank attracts deposits and offers commercial banking services. The Bank offers home equity lines of credit, installment loans, construction loans, overdraft protection, commercial loans and lines of credit, real estate loans, construction loans, lot loans, and others.

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

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

Keywords: spotlights park sterling bank

Ticker(s): PSTB