Bullish Moving Average Cross by United Parcel Service (UPS)
United Parcel Service (NYSE:UPS) crossed over its 10-day moving average of $105.40 on a volume of 448K 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.
In the past 52 weeks, shares of United Parcel Service have traded between a low of $87.30 and a high of $107.58 and are now at $105.92, which is 21% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for United Parcel Service and will alert subscribers who have UPS in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses united parcel service