SunTrust Banks Upward Momentum Looks to Continue (STI)
Friday, March 12, 2010 - 11:58
Written on Fri, 03/12/2010 - 11:58am
By Chip Brian

SmarTrend identified an Uptrend for SunTrust Banks (NYSE:STI) on November 30, 2009 at $23.15. In approximately 3 months, SunTrust Banks has returned 18.4% as of today's recent price of $27.40.
SunTrust Banks is currently above its 50-day moving average of $22.83 and above its 200-day moving average of $20.46. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of SunTrust Banks shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): STI

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