Eastern Bankshares, Inc. (EBC)

Eastern Bankshares, Inc. is trading at $22.39, down 1.10% on the session. The 50 day average sits at $21.68 and the 200 day at $21.06, which puts the stock in a uptrend. RSI is at 61.5, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $22.04 with resistance near $23.78, so that band frames the current range. Average daily movement is roughly $0.44, or about 2.0% of the share price, which is what any stop placement has to allow for. The overall health score of 82 out of 100 combines a trend score of 77, momentum of 81 and a risk score of 92.

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides banking, trust, and investment services to retail, commercial, and small business customers in the United States. The company offers deposit accounts, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit accounts. It also provides commercial and industrial products, such as asset based lending portfolio; commercial real estate and construction; small business, residential real estate, and home equity loans; lines of credit; and other consumer loans comprising unsecured personal lines of credit, overdraft protection, automobile loans, home improvement loans, airplane loans, and other personal loans. In addition, the company offers wealth management and trust services, financial planning, and portfolio management; and automated lock box collection, cash management, and account reconciliation services. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.