SmarTrend identified an Uptrend for Cardinal Financial (NASDAQ:CFNL) on October 12th, 2011 at $10.01. In approximately 16 months, Cardinal Financial has returned 65.23% as of today's recent price of $16.54.

Over the past year, Cardinal Financial has traded in a range of $10.28 to $16.90 and is now at $16.54, 61% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.6%.

Cardinal Financial Corporation is a multi-bank holding company. The Banks offer a variety of banking products to individuals, professionals, and small to medium-sized businesses in northern Virginia. The Company also operates Cardinal Wealth Services, Inc., an investment advisory company. Cardinal Bank operates in Fairfax County, Virginia.

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

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