Commercial Banks Technical Data: Regions Financial, Synovus Financial, First Horizon National, and Fulton Financial Editor Note: For more information about this release, please scroll to bottom
LONDON, January 16, 2014 /PRNewswire/ --
On Wednesday, January 15, 2014, the U.S. equity market finished the day on a higher note as the S&P 500 ended the day at 1,848.38, up 0.52%; the Dow Jones Industrial Average closed at 16,481.94, up 0.66%; and the NASDAQ Composite finished at 4,214.88, up 0.76%. The S&P 500 Financials Sector Index edged 1.19% higher, closing at 298.51. The S&P 500 Commercial Banks Industry Index ended at 305.77, up 1.46%; the same has gained 6.36% in the last one month and 12.07% in the previous three months, outperforming the S&P 500, which has advanced 4.12% and 8.85%, during the respective periods. The major movers in the commercial banks industry included Regions Financial Corporation (NYSE: RF), Synovus Financial Corporation (NYSE: SNV), First Horizon National Corporation (NYSE: FHN), and Fulton Financial Corporation (NASDAQ: FULT). AAAResearchReports.com has completed their technical analysis on RF, SNV, FHN, and FULT and these free reports are accessible by registering at:
Regions Financial Corp.'s stock advanced on Wednesday, closing the day at $10.63, up 2.51% after oscillating between $10.43 and $10.69 during the trading session. A total of 22.99 million shares were traded, which is above the daily average volume of 15.65 million. The company's shares have surged 11.54% in the last one month and 11.08% in the previous three months, outperforming the S&P 500, which has advanced 4.12% and 8.85% during the respective periods. Additionally, Regions Financial Corp.'s stock is trading near its 52-week high of $10.69 and also above its 50-day and 200-day moving averages of $9.76 and $9.42, respectively. Sign up for free technical research on RF at:
On Wednesday, Synovus Financial Corp.'s stock surged 3.65%, hitting a new 52-week high of $3.79. The company's shares closed the day at $3.69 after oscillating between $3.58 and $3.79 during the trading session. A total of 16.17 million shares were traded, which is above the daily average volume of 6.03 million. The company's shares have gained 9.17% in the last one month and 11.48% in the previous three months, outperforming the S&P 500, which has gained 4.12% and 8.85% during the respective periods. Further, Synovus Financial Corp.'s stock is trading above its 50-day and 200-day moving averages of $3.43 and $3.13, respectively. Be sure to read our latest technical research on SNV by registering at:
Shares in First Horizon National Corp. fluctuated between $12.18 and $12.33 before finishing Wednesday's session 0.16% higher at $12.20. A total of 5.53 million shares were traded, which is above the daily average volume of 2.89 million. The company's shares have advanced 8.83% in the last one month, outperforming the S&P 500, which has gained 4.12% during the same period. Furthermore, First Horizon National Corp.'s stock is trading above its 50-day and 200-day moving averages of $11.39 and $11.30, respectively. Sign up and read the complimentary report on FHN at:
On Wednesday, Fulton Financial Corp.'s stock ended the day at $12.94, which is 0.31% higher than the previous day's closing price of $12.90. The company's shares vacillated between $12.89 and $13.05 during the trading session. A total of 0.90 million shares were traded, which is above the daily average volume of 0.86 million. The company's shares have gained 0.47% in the previous three trading sessions, outperforming the S&P 500, which has advanced 0.33% during the same period. Moreover, Fulton Financial Corp.'s stock is trading near its 52-week high of $13.40 and also above its 50-day and 200-day moving averages of $12.76 and $12.05, respectively. The free report on FULT can be downloaded by signing up now at:
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