Technical Insights on Banking Stocks -- Cathay General Bancorp, Hope Bancorp, PacWest Bancorp, and SVB Financial
NEW YORK, September 27, 2017 /PRNewswire/ --
If you want a Stock Review on CATY, HOPE, PACW, or SIVB then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. On Tuesday, benchmark US indices were in mixed as the NASDAQ Composite closed the trading session up 0.15%; the Dow Jones Industrial Average edged 0.05% lower; and the S&P 500 was up 0.01%. US markets saw three out of nine sectors finishing the day in green, five in red, and one in neutral territory. Pre-market today, DailyStockTracker.com reviews these four Regional - Pacific Banks stocks: Cathay General Bancorp (NASDAQ: CATY), Hope Bancorp Inc. (NASDAQ: HOPE), PacWest Bancorp (NASDAQ: PACW), and SVB Financial Group (NASDAQ: SIVB). Access DailyStockTracker.com's free research reports for this morning's stocks line-up at:
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Cathay General Bancorp
Los Angeles, California headquartered Cathay General Bancorp's stock finished Tuesday's session 0.78% higher at $38.55. A total volume of 194,266 shares was traded. The Company's shares have advanced 27.23% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 5.49% and 2.86%, respectively. Furthermore, shares of Cathay General, which operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the US, have a Relative Strength Index (RSI) of 70.46. Free research report on CATY is available at:
http://dailystocktracker.com/registration/?symbol=CATY
Hope Bancorp
Shares in Los Angeles, California headquartered Hope Bancorp Inc. ended at $16.88, up 0.42% from the last trading session. The stock recorded a trading volume of 399,647 shares. The Company's shares have gained 3.24% in the last one month. The stock is trading above its 50-day moving average by 0.61%. Moreover, shares of Hope Bancorp, which operates as the bank holding company for Bank of Hope that provides commercial banking services primarily to small- to medium-sized businesses and individuals in the US, have an RSI of 60.42.
On September 15th, 2017, research firm FIG Partners downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. The complimentary research report on HOPE can be downloaded at:
http://dailystocktracker.com/registration/?symbol=HOPE
PacWest Bancorp
Beverly Hills, California-based PacWest Bancorp's stock ended yesterday's session 1.05% higher at $49.00 with a total trading volume of 655,673 shares. The Company's shares have advanced 16.92% in the last twelve months. The stock is trading above its 50-day moving average by 5.33%. Additionally, shares of PacWest, which operates as the holding company for Pacific Western Bank, a state chartered bank that provides commercial banking products and services, have an RSI of 68.21. Visit us today and access our complete research report on PACW at:
http://dailystocktracker.com/registration/?symbol=PACW
SVB Financial
On Tuesday, shares in Santa Clara, California headquartered SVB Financial Group recorded a trading volume of 357,549 shares. The stock finished the day 0.42% higher at $180.68. The Company's shares have advanced 70.21% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 3.73% and 1.42%, respectively. Furthermore, shares of SVB Financial, which provides various banking and financial products and services, have an RSI of 63.93. Get free access to your research report on SIVB at:
http://dailystocktracker.com/registration/?symbol=SIVB
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