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Western Alliance Down 25.9% Since SmarTrend Downtrend Call (WAL)

By Nick Russo

SmarTrend identified a Downtrend for Western Alliance (NYSE:WAL) on October 2nd, 2018 at $56.14. In approximately 2 months, Western Alliance has returned 25.87% as of today's recent price of $41.62.

In the past 52 weeks, shares of Western Alliance have traded between a low of $40.71 and a high of $64.06 and are now at $41.62, which is 2% above that low price. The 200-day and 50-day moving averages have moved 0.42% lower and 1.77% lower over the past week, respectively.

Western Alliance Bancorp is a multi-bank holding company. The Company provides a full range of banking and related services to businesses and consumers in Nevada, Arizona, and California.

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

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

Keywords: spotlights western alliance

Ticker(s): WAL