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Ultra Clean Hold Bullish Moving Average Crossover Alert (UCTT)

By David Diaz

Today, shares of Ultra Clean Hold (NASDAQ:UCTT) have crossed bullishly above their 10-day moving average of $17.52 on a volume of 906K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Ultra Clean Hold share prices have moved between a 52-week high of $34.59 and a 52-week low of $5.40 and are now trading 236% above that low price at $18.16 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Ultra Clean Hold on April 3rd, 2018 by issuing a Downtrend alert when the shares were trading at $18.28. Since that call, shares of Ultra Clean Hold have fallen 13.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses ultra clean hold

Ticker(s): UCTT