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Shares of Unilever Has Risen Above Previous 52-Week High

By James Quinn

Unilever (NYSE:UL) traded today at a new 52-week high of $48.58. This new high was reached on below average trading volume as 814,000 shares traded hands, while the average 30-day volume is approximately 1.2 million shares.

There is potential upside of 0.9% for shares of Unilever based on a current price of $48.57 and an average consensus analyst price target of $49.00. The stock should find initial support at its 50-day moving average (MA) of $45.08 and further support at its 200-day MA of $43.31.

Unilever share prices have moved between a 52-week high of $48.58 and a 52-week low of $38.60 and are now trading 26% above that low price at $48.57 per share. The 200-day and 50-day moving averages have moved 0% lower and 0.30% higher over the past week, respectively.

Unilever PLC manufactures branded and packaged consumer goods, including food, detergents, fragrances, home and personal care products.

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

Keywords: 52 week high/lows Unilever

Ticker(s): UL