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BBVA Banco Frances Shares Up 16.6% Since SmarTrend's Buy Recommendation (BFR)
Jan 17, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for BBVA Banco Frances (NYSE:BFR) on December 4th, 2012 at $4.36. In approximately 1 month, BBVA Banco Frances has returned 16.65% as of today's recent price of $5.08.
BBVA Banco Frances share prices have moved between a 52-week high of $6.68 and a 52-week low of $3.05 and are now trading 67% above that low price at $5.08 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has slid 0.4%.
BBVA Banco Frances SA operates as a full-service bank for large corporations, middle market businesses, and individuals. The Bank offers consumer and corporate lending, securities trading and insurance, sponsors credit cards, administers pension funds, and manages mutual funds.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of BBVA Banco Frances shares.Log in and add BBVA Banco Frances (BFR) 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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