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Shares of Western Union Has Risen Above Previous 52-Week High

By Amy Schwartz

Western Union (NYSE:WU) traded at a new 52-week high today of $23.95. Approximately 653,000 shares have changed hands today, as compared to an average 30-day volume of 5.3 million shares.

Based on a current price of $23.69, Western Union is currently 11.6% above its average consensus analyst price target of $20.93. Western Union shares have support at the 50-day moving average (MA) of $21.10 and additional support at the 200-day MA of $19.22.

Over the past year, Western Union has traded in a range of $16.42 to $23.95 and is now at $23.69, 44% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.0%.

The Western Union Company offers global money transfer services. The Company offers consumer to consumer money transfer and bill paying services, and sells money orders.

SmarTrend recommended that subscribers consider buying shares of Western Union on February 1st, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $18.40. Since that recommendation, shares of Western Union have risen 29.0%. We continue to monitor WU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows Western Union

Ticker(s): WU