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MutualFirst Financial Shares Up 63.3% Since SmarTrend's Buy Recommendation (MFSF)
Feb 15, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for MutualFirst Financial (NASDAQ:MFSF) on January 11th, 2012 at $7.96. In approximately 13 months, MutualFirst Financial has returned 63.32% as of today's recent price of $13.00.
In the past 52 weeks, shares of MutualFirst Financial have traded between a low of $6.50 and a high of $13.80 and are now at $13.00, which is 100% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.1%.
MutualFirst Financial Inc. is the holding company for Mutual Federal Savings Bank. The Bank provides mortgage loans, as well as a variety of consumer loans and other services to customers located in Delaware, Randolph, Kosciusko, and Grant counties in Indiana.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of MutualFirst Financial shares.Log in and add MutualFirst Financial (MFSF) 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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