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Bearish Moving Average Cross by United Therapeutics (UTHR)

By James Quinn

Today, shares of United Therapeutics (NASDAQ:UTHR) have fallen below their 10-day MA of $109.62 on a volume of 173K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, United Therapeutics share prices have been bracketed by a low of $102.50 and a high of $190.29 and are now at $108.87, 6% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 1.3%.

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

Keywords: moving crosses United Therapeutics

Ticker(s): UTHR