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TMCNet:  Shares of BPOP Up 31.8% Since Uptrend Call on Shares

[January 02, 2013]

Shares of BPOP Up 31.8% Since Uptrend Call on Shares

Jan 02, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Banco Popular (NASDAQ:BPOP) on September 6th, 2012 at $16.48. In approximately 4 months, Banco Popular has returned 31.78% as of today's recent price of $21.71.
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In the past 52 weeks, Banco Popular share prices have been bracketed by a low of $13.38 and a high of $23.20 and are now at $21.71, 62% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

Popular, Inc. is a bank holding company that provides commercial banking services through branches in Puerto Rico, the British Virgin Islands, the Dominican Republic, and the United States mainland. The Company also provides mortgage and consumer finance, lease financing, investment banking and broker/dealer activities, retail financial services, and automated tellers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Banco Popular shares.Log in and add Banco Popular (BPOP) 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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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