MBFI Crosses Above Key Moving Average Level
In trading on Thursday, shares of MB Financial Inc (Symbol: MBFI) crossed above their 200 day moving average of $42.20, changing hands as high as $42.78 per share. MB Financial Inc shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of MBFI shares, versus its 200 day moving average:
Looking at the chart above, MBFI's low point in its 52 week range is $32.72 per share, with $48.47 as the 52 week high point - that compares with a last trade of $42.42.
According to the ETF Finder at ETF Channel, MBFI makes up 2.03% of the PowerShares KBW Regional Banking Portfolio ETF (Symbol: KBWR) which is trading higher by about 3.2% on the day Thursday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.