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Signature Bank Has Returned 17.3% Since SmarTrend Recommendation (SBNY)

By Amy Schwartz

SmarTrend identified an Uptrend for Signature Bank (NASDAQ:SBNY) on October 20th, 2017 at $134.11. In approximately 5 months, Signature Bank has returned 17.32% as of today's recent price of $157.35.

In the past 52 weeks, shares of Signature Bank have traded between a low of $113.53 and a high of $164.23 and are now at $157.35, which is 39% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.2%.

Signature Bank is a full service commercial bank that serves privately owned business clients and their owners and senior managers. The Bank offers business and personal banking products and services, as well as investment, brokerage, asset management, and insurance products through its subsidiary, Signature Securities Group Corp.

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

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

Keywords: spotlights signature bank

Ticker(s): SBNY