This Morning's Technical Outlook on Banking Stocks -- Deutsche Bank, HDFC Bank, Itau Unibanco, and Sumitomo Mitsui Financial
NEW YORK, Jan. 18, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on DB, HDB, ITUB, and SMFG which can be accessed for free by signing up to www.wallstequities.com/registration. Ahead of today's trading session, WallStEquities.com covers the Foreign Regional Banks industry, which includes small- to mid-sized banks that are based outside of the US, and usually conduct business in specific geographical regions. Under review are the following stocks: Deutsche Bank Aktiengesellschaft (NYSE: DB), HDFC Bank Ltd (NYSE: HDB), Itau Unibanco Holding S.A. (NYSE: ITUB), and Sumitomo Mitsui Financial Group Inc. (NYSE: SMFG). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Deutsche Bank Aktiengesellschaft
Germany headquartered Deutsche Bank Aktiengesellschaft's shares gained slightly by 0.05%, closing Wednesday's trading session at $18.52. The stock recorded a trading volume of 2.59 million shares. The Company's shares have advanced 10.77% over the previous three months and 11.80% over the past year. The stock is trading 4.42% above its 200-day moving average. Additionally, shares of Deutsche Bank, which provides investment, financial, and related products and services to private individuals, affluent clients, and small and medium sized corporate clients worldwide, have a Relative Strength Index (RSI) of 44.62.
On January 08th, 2018, research firm HSBC Securities downgraded the Company's stock rating from 'Buy' to 'Hold'. Get the full research report on DB for free by clicking below at:
www.wallstequities.com/registration/?symbol=DB
HDFC Bank
On Wednesday, shares in India-based HDFC Bank Ltd recorded a trading volume of 955,796 shares, which was above their three months average volume of 582,410 shares. The stock climbed 1.23%, ending the day at $105.01. The Company's shares have advanced 7.69% in the past month, 8.78% in the previous three months, and 61.83% over the past year. The stock is trading above its 50-day and 200-day moving averages by 7.34% and 14.28%, respectively. Furthermore, shares of HDFC Bank, which provides a range of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai, have an RSI of 73.68. HDB's complimentary research coverage is a few simple steps away at:
www.wallstequities.com/registration/?symbol=HDB
Itau Unibanco Holding
Brazil headquartered Itau Unibanco Holding S.A.'s stock finished the day 1.61% higher at $14.53 with a total trading volume of 6.65 million shares. The Company's shares have advanced 18.27% in the last month, 4.24% in the previous three months, and 31.03% over the past year. The stock is trading above its 50-day and 200-day moving averages by 11.72% and 17.06%, respectively. Additionally, shares of Itau Unibanco, which provides a range of financial products and services to individuals and corporate clients in Brazil and internationally, have an RSI of 73.77. Register for your free research report on ITUB at:
www.wallstequities.com/registration/?symbol=ITUB
Sumitomo Mitsui Financial Group
Shares in Japan headquartered Sumitomo Mitsui Financial Group Inc. ended yesterday's session 0.10% lower at $9.58. The stock recorded a trading volume of 1.05 million shares, which was above its three months average volume of 989,360 shares. The Company's shares have advanced 11.40% in the last month, 20.65% over the previous three months, and 22.82% over the past year. The stock is trading 13.61% and 22.98% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Sumitomo Mitsui Financial, which together with its subsidiaries, provides various banking and financial services, have an RSI of 87.51. Wall St. Equities' downloadable research report on SMFG available at:
www.wallstequities.com/registration/?symbol=SMFG
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