Regional Banks Equities Technical Commentary - SunTrust Banks, TCF Financial, First Horizon National, First Niagara Financial, and Synovus Financial

LONDON, September 12, 2014 /PRNewswire/ --

The US markets on Thursday, September 11, 2014, mostly ended on a higher note as the Dow Jones Industrial Average finished at 17,049.00, down 0.12% and the NASDAQ Composite closed at 4,591.81, up 0.12%. The S&P 500 finished the session 0.09% higher at 1,997.45. During the trading session, seven out of ten sectors finished on a positive note. The S&P 500 Financials Sector Index ended the day at 314.49, up 0.31%, with the index advancing 2.90% in the previous three months. Investor-Edge has initiated coverage on the following equities: SunTrust Banks Inc. (NYSE: STI), TCF Financial Corporation (NYSE: TCB), First Horizon National Corporation (NYSE: FHN), First Niagara Financial Group Inc. (NASDAQ: FNFG), and Synovus Financial Corporation (NYSE: SNV). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

SunTrust Banks Inc.'s stock finished Thursday's session 0.28% higher at $39.07. A total of 3.46 million shares were traded, which was above its three months average volume of 2.98 million shares. The stock vacillated between $38.78 and $39.17 during the session. Over the previous three trading sessions and over last one month, SunTrust Banks Inc.'s shares have gained 1.01% and 6.75%, respectively. Additionally, from the beginning of 2014, the stock has advanced 6.14%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $38.46 is greater than its 200-day moving average of $38.22. SunTrust Banks Inc.'s stock traded at a PE ratio of 12.77 and has a Relative Strength Index (RSI) of 61.18. Sign up and read the free notes on STI at:

http://www.Investor-Edge.com/STI-12Sep2014

On Thursday, shares in TCF Financial Corp. fluctuated between $16.19 and $16.40 before ending the session 0.49% higher at $16.39. The stock reported a trading volume of 0.82 million shares, close to its three months average volume of 0.84 million shares. Shares of the company traded at a PE ratio of 16.19. TCF Financial Corp.'s shares have advanced 1.55% in the previous three trading sessions, 5.95% in the last one month, and 0.86% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $15.93 and $16.06, respectively. Moreover, shares of TCF Financial Corp. have an RSI of 64.30. The complimentary notes on TCB can be downloaded as in PDF format at:

http://www.Investor-Edge.com/TCB-12Sep2014

First Horizon National Corp.'s stock edged 0.24% lower, to close the day at $12.46. The stock recorded a trading volume of 2.21 million shares, above its three months average volume of 1.86 million shares. The company's shares oscillated between $12.34 and $12.54 during the session. Over the last three trading sessions and over the past one month, First Horizon National Corp.'s shares have advanced 0.32% and 7.79%, respectively. Further, the stock has gained 6.95% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages. First Horizon National Corp.'s 50-day moving average of $11.86 is above its 200-day moving average of $11.76. Additionally, the stock traded at a PE ratio of 43.93 and has an RSI of 70.29. Register for free on Investor-Edge and access the latest research on FHN at:

http://www.Investor-Edge.com/FHN-12Sep2014

On Thursday, shares in First Niagara Financial Group Inc. recorded a trading volume of 3.30 million shares, higher than its three months average volume of 2.56 million shares. The stock ended the day at $8.80, which was 1.97% above its previous day's closing of $8.63, and registered an intraday range of $8.60 and $8.84. Shares of the company traded at a PE ratio of 11.59. Although First Niagara Financial Group Inc.'s stock has advanced 1.50% in the previous three trading sessions and 3.77% in the last one month, it has lost 17.14% on YTD basis. The company's stock is trading above its 50-day moving average of $8.64, which is below the 200-day moving average of $9.18. Furthermore, shares of First Niagara Financial Group Inc. have an RSI of 49.56. The complete research on FNFG is available for free at:

http://www.Investor-Edge.com/FNFG-12Sep2014

Synovus Financial Corp.'s stock edged 0.81% higher to end Thursday's session at $24.88. The stock recorded a trading volume of 1.06 million shares, below its three months average volume of 1.23 million shares. The company's shares fluctuated between $24.52 and $24.97 during the session. Shares of the company traded at a PE ratio of 19.23. Synovus Financial Corp.'s shares have fallen by 1.27% since the start of this year. However, the stock has gained 1.63% over the previous three trading sessions and 9.12% in the last one month. The company's stock is trading above its 50-day and 200-day moving averages. Synovus Financial Corp.'s 200-day moving average of $23.87 is marginally above its 50-day moving average of $23.86. Additionally, the stock has an RSI of 65.73. Free in depth research on SNV is available at:

http://www.Investor-Edge.com/SNV-12Sep2014

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