Uptrend Spotted in Shares of SunTrust Banks (STI)
Friday, March 19, 2010 - 10:49
Written on Fri, 03/19/2010 - 10:49am
By Chip Brian

SmarTrend identified an Uptrend for SunTrust Banks (NYSE:STI) on November 30, 2009 at $23.15. In approximately 4 months, SunTrust Banks has returned 19.9% as of today's recent price of $27.76.
SunTrust Banks is currently above its 50-day moving average of $23.96 and above its 200-day moving average of $21.03. 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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