Insurance Technology Industry News

TMCNet:  13.8% Return Seen to Date on SmarTrend BankFinancial Call (BFIN)

[November 16, 2012]

13.8% Return Seen to Date on SmarTrend BankFinancial Call (BFIN)

Nov 16, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for BankFinancial (NASDAQ:BFIN) on October 19th, 2012 at $7.76. In approximately 4 weeks, BankFinancial has returned 13.79% as of today's recent price of $6.69.

Over the past year, BankFinancial has traded in a range of $5.25 to $9.24 and is now at $6.69, 27% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.5%.

BankFinancial Corporation provides a range of personal and business banking. The Bank also offers investment, mortgage, and insurance services, as well as consumer and commercial lending.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of BankFinancial.

Log in and add BankFinancial (BFIN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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