• Return to Headlines

Bullish Moving Average Cross by Umpqua Holdings (UMPQ)

By David Diaz

Umpqua Holdings (NASDAQ:UMPQ) shares have crossed bullishly above their 10-day moving average of $23.86 on a volume of 165K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Umpqua Holdings have traded between a low of $14.61 and a high of $24.73 and are now at $24.04, which is 65% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.6%.

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

Keywords: moving crosses umpqua holdings

Ticker(s): UMPQ