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Technical Analysis
CoBiz Financial (COBZ) Upgrade Alert, Watch for 10.5% Technical Downtrend Reversal - 11/20/2009 8:54:10 AM

CoBiz Financial (NASDAQ:COBZ) upgraded to Buy at Stifel Nicholaus. The stock closed yesterday at $4.17 on volume of 154,300 shares, below average daily volume of 258,129.

CoBiz Financial is currently below its 50-day moving average of $4.84 and below its 200-day moving average of $5.31.

SmarTrend is bearish on shares of COBZ and our subscribers received a Downtrend alert on October 30, 2009 at $4.66, which has returned 10.5% to date.


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