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Synovus Finl Bearish Moving Average Crossover Alert (SNV)

By James Quinn

Today, shares of Synovus Finl (NYSE:SNV) have crossed bearishly below their 10-day moving average of $37.03 on a volume of 264K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Synovus Finl share prices have moved between a 52-week high of $49.83 and a 52-week low of $29.93 and are now trading 23% above that low price at $36.83 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Synovus Finl and will alert subscribers who have SNV in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses synovus finl

Ticker(s): SNV