Synovus Financial Corporation(SNV) has rising momentum with an uptrend

(27-Mar-2008) (27-Mar-2008) Synovus Financial Corporation(SNV) closed at 12.26, down -0.58 or -4.52 % today. Based on our analysis, Synovus Financial Corporation(SNV) has rising momentum with an uptrend.

The closing price of Synovus Financial Corporation(SNV) is above its 50 day moving average of 12.08 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Synovus Financial Corporation(SNV) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 22-Jan-2008, about 46 trading days ago.