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Bullish Moving Average Cross by United Parcel Service (UPS)

By David Diaz

Today, shares of United Parcel Service (NYSE:UPS) have advanced above their 10-day MA of $107.23 on a volume of 638K 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 United Parcel Service have traded between a low of $87.30 and a high of $120.44 and are now at $108.30, which is 24% 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

Ticker(s): UPS