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Sterling Bancorp Bullish Moving Average Crossover Alert (STL)

By David Diaz

Today, shares of Sterling Bancorp (NYSE:STL) have advanced above their 10-day MA of $10.12 on a volume of 509K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Sterling Bancorp have traded between a low of $7.01 and a high of $22.17 and are now at $10.82, which is 54% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has declined 6.4%.

SmarTrend is monitoring the recent change of momentum in Sterling Bancorp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Sterling Bancorp in search of a potential trend change.

Keywords: moving crosses sterling bancorp

Ticker(s): STL