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Shares of SNV Down 21.5% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Synovus Finl (NYSE:SNV) on June 25th, 2018 at $54.29. In approximately 4 months, Synovus Finl has returned 21.47% as of today's recent price of $42.63.

Over the past year, Synovus Finlhas traded in a range of $42.57 to $57.40 and are now at $42.63. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has remained constant.

Synovus Financial Corp. provides financial services. The Company offers commercial, retail banking, and investment services. Synovus Financial serves customers in the United States.

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

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

Keywords: spotlights synovus finl

Ticker(s): SNV