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Sterling Bancorp Crosses Above its 10-day MA (STL)

By Shiri Gupta

Sterling Bancorp (NYSE:STL) crossed over its 10-day moving average of $20.13 on a volume of 273K shares. This may provide swing traders with 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 $15.62 and a high of $25.65 and are now at $20.31, which is 30% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.2%.

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