[May 25, 2012] Shares of KB Down 15.5% Since Downtrend Call on Shares Tweet May 25, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for KB Financial Group (NYSE:KB) on February 22nd, 2012 at $36.11. In approximately 3 months, KB Financial Group has returned 15.50% as of today's recent price of $30.51. Over the past year, KB Financial Group has traded in a range of $29.33 to $52.01 and is now at $30.51, 4% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.4%. KB Financial Group, Inc. is the holding company for Kookmin Bank. The Bank attracts deposits and offers commercial banking services. Kookmin offers mortgage and home equity, consumer and corporate loans, credit cards, securities investment and trading services, investment banking, investment advice, foreign exchange services, and insurance. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of KB Financial Group. Log in and add KB Financial Group (KB) 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 [email protected] --------------------------------------------------------------------------------------------- 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 [ Back To TMCnet.com's Homepage ]