Recent 52-Week High Exceeded in Shares of Unilever (UN)
Unilever (NYSE:UN) traded at a new 52-week high today of $47.30. So far today approximately 654,000 shares have been exchanged, as compared to an average 30-day volume of 1.9 million shares.
Potential upside of 4.0% exists for Unilever, based on a current level of $47.11 and analysts' average consensus price target of $49.00. The stock should discover initial support at its 50-day moving average (MA) of $44.51 and subsequent support at its 200-day MA of $43.23.
Over the past year, Unilever has traded in a range of $37.93 to $47.30 and is now at $47.11, 24% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.
Unilever NV manufactures branded and packaged consumer goods, including food, detergents, fragrances, home and personal care products.
SmarTrend is monitoring the recent change of momentum in Unilever. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Unilever in search of a potential trend change.
Keywords: 52 week high/lows Unilever