WAL Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Wednesday, January 4, 4:35 PM ET

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In trading on Wednesday, shares of Western Alliance Bancorporation (NYSE:WAL) crossed above their 200 day moving average of $6.63, changing hands as high as $6.69 per share. Western Alliance Bancorporation shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of WAL shares, versus its 200 day moving average:

Western Alliance Bancorporation 200 Day Moving Average Chart

Looking at the chart above, WAL's low point in its 52 week range is $4.44 per share, with $8.45 as the 52 week high point � that compares with a last trade of $6.67.

WAL operates in the Banking & Savings sector, among companies like Banco Santander Chile (NYSE:SAN) which is off about 0.2% today, and KeyCorp (NYSE:KEY) trading up by about 0.5%. Below is a three month price history chart comparing the stock performance of WAL, versus SAN and KEY.

WAL,SAN,KEY Relative Performance Chart

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WAL Makes Bullish Cross Above Critical Moving Average

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