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Shares of STBZ Down 22.9% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for State Bank Finan (NASDAQ:STBZ) on June 28th, 2018 at $33.06. In approximately 4 months, State Bank Finan has returned 22.86% as of today's recent price of $25.50.

In the past 52 weeks, shares of State Bank Finan have traded between a low of $23.58 and a high of $35.99 and are now at $25.50, which is 8% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2% while the 200-day MA has slid 0.3%.

State Bank Financial Corp. is a bank holding company. The Company's banking subsidiary has locations in metro Atlanta and Bibb, Houston, Dooly, and Jones counties in Middle Georgia.

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

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

Keywords: spotlights state bank finan

Ticker(s): STBZ