Regulators have long warned that the end of rock-bottom interest rates could cause sudden crises in unexpected corners of global finance. So when Silicon Valley Bank (SVB) failed in the face of a funding crunch, investors were left to wonder if its plight was a harbinger of broader trouble.
Major banks are much better capitalised than they were before the global financial crisis, and SVB’s deposit base was unusually concentrated in venture-backed start-ups
Trading Expectations (SIVB) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect SVB Financial Group to open at $106.04, and during the day (based on 14 day Average True Range), to move between $85.12 and $126.96, which gives a possible trading interval of +/-$20.92 (+/-19.73%) up or down from last closing price. If SVB Financial Group takes out the full calculated possible swing range there will be an estimated 39.47% move between the lowest and the highest trading price during the day.
Insiders are negative selling more shares than they are buying in SVB Financial Group
In the last 100 trades there were 50.63 thousand shares bought and 62.59 thousand shares sold. The last trade was made 14 days ago by Beck Daniel J who sold 2 thousand shares. In general the insiders are selling more stocks than they buy. There can be a variety of reasons for this, but in general it can be considered as a negative signal.
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