Banc of California, Inc. (BANC)

Banc of California, Inc. is trading at $18.85, up 3.80% on the session. The 50 day average sits at $19.95 and the 200 day at $19.18, which puts the stock in a uptrend. RSI is at 38.9, which reads as weak, and MACD is bearish crossover. Volume is average.

The nearest support is around $18.59 with resistance near $19.01, so that band frames the current range. Average daily movement is roughly $0.43, or about 2.3% of the share price, which is what any stop placement has to allow for. The overall health score of 48 out of 100 combines a trend score of 37, momentum of 30 and a risk score of 92.

Banc of California, Inc. operates as the bank holding company for Banc of California that provides banking and treasury management services in the United States. The company offers deposit products, including checking, savings, money market, demand, and retirement accounts, as well as time deposits, certificates of deposit, and safe deposit boxes. It also provides real estate loans, such as commercial real estate mortgage, multi-family, other residential real estate mortgage, and real estate construction and land loans; commercial loans and leases comprising lender finance, equipment finance, other asset-based, venture capital, secured business, warehouse, and other lending loans; and consumer loans. In addition, the company offers electronic payment services for commercial clients, such as merchant acquiring and card issuing services; automated bill payments, cash and treasury management, master demand accounts, foreign exchange, interest rate swaps, card payment services, remote and mobile deposit capture, automated clearing house origination, wire transfer, and direct deposit; and investment management services. It serves small and middle-market businesses, venture capital and private equity firms, non-profit organizations, business owners, entrepreneurs, professionals, and high-net worth individuals. The company offers its products and services through branches located throughout California; Denver, Colorado; and Durham, North Carolina, as well as through regional offices in the United States. Banc of California, Inc. was founded in 1941 and is headquartered in Los Angeles, California.