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Bullish Moving Average Cross by Unilever (UN)

By Nick Russo

Unilever (NYSE:UN) crossed over its 10-day moving average of $42.95 on a volume of 832K shares. Swing traders may find 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 Unilever have traded between a low of $37.51 and a high of $46.53 and are now at $43.47, which is 16% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

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

Keywords: moving crosses Unilever

Ticker(s): UN