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Bearish Moving Average Cross by Udr Inc (UDR)

By Shiri Gupta

Udr Inc (NYSE:UDR) crossed under its 10-day moving average of $37.28 on a volume of 223K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Udr Inc have traded between a low of $32.88 and a high of $40.33 and are now at $36.98, which is 12% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for Udr Inc and will alert subscribers who have UDR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses udr inc

Ticker(s): UDR