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Shares of RNST Up 24.2% Since Uptrend Call on Shares
Mar 15, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Renasant (NASDAQ:RNST) on December 5th, 2012 at $18.24. In approximately 3 months, Renasant has returned 24.16% as of today's recent price of $22.64.
Renasant share prices have moved between a 52-week high of $22.86 and a 52-week low of $14.42 and are now trading 57% above that low price at $22.64 per share. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.4%.
Renasant Corporation is the parent of Renasant Bank and Renasant Insurance. The Company operates banking and insurance offices in Mississippi, Tennessee, and Alabama, all located in the United States. Renasant provides a range of deposit products, loans, and other services, as well as life, health and disability, and long-term care insurance.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Renasant shares.Log in and add Renasant (RNST) 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
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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
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