• Return to Headlines

Bullish Moving Average Cross by United Continental Holdings (UAL)

By Shiri Gupta

Today, shares of United Continental Holdings (NYSE:UAL) have crossed bullishly above their 10-day moving average of $69.87 on a volume of 1.1 million 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, United Continental Holdings share prices have been bracketed by a low of $37.41 and a high of $76.80 and are now at $70.35, 88% above that low price. The 200-day and 50-day moving averages have moved 0.34% lower and 1.31% lower over the past week, respectively.

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

Keywords: moving crosses united continental holdings

Ticker(s): UAL