CUBI Makes Bullish Cross Above Critical Moving Average

Shares of Customers Bancorp (CUBI) crossed above their 200-day moving average of $67.59, trading as high as $69.00 and are up about 2.5% on the day. The move is a technical breakout that could attract momentum investors and likely affects only the individual stock in the short term.

Analysis

Shares of Customers Bancorp (CUBI) crossed above their 200-day moving average of $67.59, trading as high as $69.00 and are up about 2.5% on the day. The move is a technical breakout that could attract momentum investors and likely affects only the individual stock in the short term.