S&T Bancorp (STBA)'s Technical Outlook is Bright After Key Golden Cross

Group 1 - S&T Bancorp, Inc. (STBA) has recently experienced a "golden cross" event, indicating a potential bullish breakout as its 50-day simple moving average has crossed above its 200-day simple moving average [1][2] - The golden cross pattern typically suggests a trend reversal, starting from a downtrend, followed by the crossover, and culminating in an upward price movement [3] - STBA has moved 10.6% higher over the last four weeks, and the company currently holds a 3 (Hold) rating on the Zacks Rank, indicating a positive outlook [4] Group 2 - There have been three upward revisions in STBA's earnings estimates over the past 60 days, with no downward revisions, leading to an increase in the Zacks Consensus Estimate for the current quarter [4][5] - The combination of positive earnings outlook and the technical bullish signal suggests that investors may want to monitor STBA for potential gains in the near future [5]