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Technical Roundup on Banking Equities -- Research on BankUnited, Synovus Financial, Fulton Financial, and PacWest Bancorp - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

Technical Roundup on Banking Equities -- Research on BankUnited, Synovus Financial, Fulton Financial, and PacWest Bancorp

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SOURCE Investor-Edge

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LONDON, May 9, 2014 /PRNewswire/ --

On Thursday, May 08, 2014, the NASDAQ Composite ended at 4,051.50, down 0.40%, the Dow Jones Industrial Average finished the day 0.20% higher at 16,550.97, and the S&P 500 closed at 1,875.63, down 0.14%. During the trading session, five out of ten sectors finished positive. The S&P 500 Financials Sector Index ended the day at 295.38, up 0.24%, with the index also advancing 3.04% in the last three months. Investor-Edge has initiated coverage on the following equities: BankUnited Inc. (NYSE: BKU), Synovus Financial Corporation (NYSE: SNV), Fulton Financial Corporation (NASDAQ: FULT) and PacWest Bancorp. (NASDAQ: PACW). Free technical research on BKU, SNV, FULT and PACW can be downloaded upon signing up at:

http://www.investor-edge.com/2338-register

BankUnited Inc.'s stock finished the Thursday's session 0.34% lower at $31.79. A total of 0.62 million shares were traded, which was below its three months average volume of 0.82 million shares. The stock moved between $31.72 and $32.35 during the session. Over the previous three trading sessions and since start of this year, BankUnited Inc.'s shares have declined 2.45% and 3.43%, respectively. However, the company's stock has gained 2.12% in the last three months. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $33.58 is greater than its 200-day moving average of $31.92. BankUnited Inc.'s stock traded at a PE ratio of 15.36 and has a Relative Strength Index (RSI) of 33.97. Sign up today to read free research on BKU at:

http://www.investor-edge.com/2338-BKU-09May2014.pdf

On Thursday, shares in Synovus Financial Corp. fluctuated between $3.18 and $3.25 before ending the session 1.55% lower at $3.18. Synovus Financial Corp.'s stock reported a trading volume of 6.70 million shares, below its three months average volume of 7.74 million shares. Shares of the company traded at a PE ratio of 19.74. Synovus Financial Corp.'s shares have declined 2.15% in the previous three trading sessions, 4.50% in the last one month and 11.67% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $3.37 and $3.38, respectively. Moreover, shares of the company have an RSI of 45.26. Sign up today to read free research on SNV at:

http://www.investor-edge.com/2338-SNV-09May2014.pdf

On Thursday, Fulton Financial Corp.'s stock declined 1.83%, to close the day at $11.79. The stock recorded a trading volume of 1.47 million shares, above its three months average volume of 1.26 million shares. The stock oscillated between $11.78 and $12.09 during the session. Over the last three trading sessions and over the past three months, Fulton Financial Corp.'s shares have fallen by 2.00% and 3.99%, respectively. Additionally, the stock has lost 9.90% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $12.47 is above its 200-day moving average of $12.44. Additionally, the stock traded at a PE ratio of 13.71 and has an RSI of 39.74. Sign up today to read free research on FULT at:

http://www.investor-edge.com/2338-FULT-09May2014.pdf

On Thursday, shares in PacWest Bancorp recorded a trading volume of 0.61 million shares, lower than its three months average volume of 1.27 million shares. The stock ended the day at $38.90, which was 0.84% below its previous day's closing of $39.23, and registered an intraday range of $38.75 and $39.83. Shares of the company traded at a PE ratio of 23.07. PacWest Bancorp's shares have lost 1.19% in the previous three trading sessions, 2.43% in the last three months and 7.86% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $42.57 and $39.23, respectively. Furthermore, shares of the company have an RSI of 38.69. Sign up today to read free research on PACW at:

http://www.investor-edge.com/2338-PACW-09May2014.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.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

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