Technical Roundup on Regional Banks Equities -- Research on FirstMerit, First Republic Bank, TCF Financial, and East West Bancorp Editor Note: For more information about this release, please scroll to bottom

LONDON, June 9, 2014 /PRNewswire/ --


On Friday, June 06, 2014, the NASDAQ Composite ended at 4,321.40, up 0.59%, the Dow Jones Industrial Average advanced 0.52%, to finish the day at 16,924.28, and the S&P 500 closed at 1,949.44, up 0.46%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 306.72, up 0.68%, with the index also advancing 3.94% in the last one month. Investor-Edge has initiated coverage on the following equities: FirstMerit Corp. (NASDAQ: FMER), First Republic Bank (NYSE: FRC), TCF Financial Corp. (NYSE: TCB) and East West Bancorp Inc. (NASDAQ: EWBC). Free technical research on FMER, FRC, TCB and EWBC can be downloaded upon signing up at:
http://www.investor-edge.com/3573-register

On Friday, FirstMerit Corp.'s stock gained 1.49%, to close the day at $19.75. The stock recorded a trading volume of 0.68 million shares, much below its three months average volume of 1.23 million shares. The stock oscillated between $19.46 and $19.89 during the session. Over the last three trading sessions and over the past one month, FirstMerit Corp.'s shares have gained 3.78% and 2.49%, respectively. However, the stock has lost 11.16% since the start of this year. The stock is trading above its 50-day moving average of $19.60, while the 50-day moving average is below FirstMerit Corp.'s 200-day moving average of $21.24. Additionally, the stock traded at a PE ratio of 14.73 and has a Relative Strength Index (RSI) of 60.47. Sign up today to read free research on FMER at:
http://www.investor-edge.com/3573-FMER-09Jun2014.pdf

On Friday, shares in First Republic Bank recorded a trading volume of 1.09 million shares, higher than its three months average volume of 0.94 million shares. The stock ended the day at $54.14, which was 1.63% above its previous day's closing of $53.27, and registered an intraday range of $53.42 and $54.33. Shares of the company traded at a PE ratio of 18.05. First Republic Bank's shares have gained 3.50% in the previous three trading sessions, 7.23% in the last one month and 3.42% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $52.03 and $50.35, respectively. Furthermore, shares of the company have an RSI of 68.48. Sign up today to read free research on FRC at:
http://www.investor-edge.com/3573-FRC-09Jun2014.pdf

TCF Financial Corp.'s stock finished the Friday's session 0.49% higher at $16.39. A total of 0.90 million shares were traded, which was below its three months average volume of 1.01 million shares. The stock moved between $16.32 and $16.49 during the session. Over the last three trading sessions and the previous one month, TCF Financial Corp.'s shares have advanced 2.50% and 6.98%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 0.86%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $15.92 is greater than its 200-day moving average of $15.68. TCF Financial Corp.'s stock traded at a PE ratio of 17.62 and has an RSI of 67.39. Sign up today to read free research on TCB at:
http://www.investor-edge.com/3573-TCB-09Jun2014.pdf

On Friday, shares in East West Bancorp Inc. fluctuated between $34.86 and $35.53 before ending the session 1.17% higher at $35.42. East West Bancorp Inc.'s stock reported a trading volume of 0.47 million shares, below its three months average volume of 0.64 million shares. Shares of the company traded at a PE ratio of 16.17. East West Bancorp Inc.'s shares have advanced 2.31% in the previous three trading sessions, 4.76% in the last one month and 1.29% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $34.65 and $33.95, respectively. Moreover, shares of the company have an RSI of 64.40. Sign up today to read free research on EWBC at:
http://www.investor-edge.com/3573-EWBC-09Jun2014.pdf

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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
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