Bullish Moving Average Cross by UDR (UDR)
Today, shares of UDR (NYSE:UDR) have crossed bullishly above their 10-day moving average of $33.91 on a volume of 210K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
UDR share prices have moved between a 52-week high of $38.61 and a 52-week low of $30.03 and are now trading 13% above that low price at $34.05 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.
SmarTrend is monitoring the recent change of momentum in UDR. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of UDR in search of a potential trend change.
Keywords: moving crosses