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Ulta Beauty Inc Crosses Below its 10-day MA (ULTA)

By Nick Russo

Ulta Beauty Inc (NASDAQ:ULTA) shares have crossed bearishly below their 10-day moving average of $235.70 on a volume of 145K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Ulta Beauty Inc has traded in a range of $187.96 to $314.86 and is now at $233.87, 24% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.3%.

SmarTrend is monitoring the recent change of momentum in Ulta Beauty Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ulta Beauty Inc in search of a potential trend change.

Keywords: moving crosses ulta beauty inc

Ticker(s): ULTA