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Monday, July 15, 2013

Top Losers In The Financial Sector (FIG) (BFIN) (FBNC) (CIB) (NMR)

Fortress Investment Group (NYSE: FIG): fell by 0.14% or $-0.01/share to $7.13. In the past year, the shares have traded as low as $3.68 and as high as $7.66. On average, 1303020 shares of FIG exchange hands on a given day and today's volume is recorded at 375766. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $6.99 area where the stock will likely see buying pressure.

BankFinancial Corporation (NASDAQ: BFIN): fell by 1.12% or $-0.1/share to $8.82. In the past year, the shares have traded as low as $6.62 and as high as $9.24. On average, 28410 shares of BFIN exchange hands on a given day and today's volume is recorded at 1800. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $8.34 area where the stock will likely see buying pressure.

First Bancorp (NASDAQ: FBNC): traded higher by 0.96% or $0.15/share to $15.72. In the past year, the shares have traded as low as $7.68 and as high as $15.77. On average, 37589 shares of FBNC exchange hands on a given day and today's volume is recorded at 19809. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $14.46 area where the stock will likely see buying pressure.

Bancolombia S.A. (ADR) (NYSE: CIB): traded higher by 2.77% or $1.49/share to $55.22. In the past year, the shares have traded as low as $52.52 and as high as $70.62. On average, 282995 shares of CIB exchange hands on a given day and today's volume is recorded at 250763. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $57.03 area but be careful because the stock may face selling pressure at this level.

Nomura Hldgs., Inc. (ADR) (NYSE: NMR): traded higher by 0.89% or $0.074/share to $8.36. In the past year, the shares have traded as low as $3.13 and as high as $9.64. On average, 2047730 shares of NMR exchange hands on a given day and today's volume is recorded at 273962. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $7.73 area where the stock will likely see buying pressure.