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Synovus Finl Crosses Above its 10-day MA (SNV)

By Nick Russo

Today, shares of Synovus Finl (NYSE:SNV) have advanced above their 10-day MA of $17.00 on a volume of 313K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Synovus Finl share prices have moved between a 52-week high of $40.32 and a 52-week low of $10.91 and are now trading 70% above that low price at $18.53 per share. The 200-day and 50-day moving averages have moved 1.19% lower and 7.75% lower over the past week, respectively.

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

Keywords: moving crosses synovus finl

Ticker(s): SNV