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Ultra Clean Hold Crosses Above its 10-day MA (UCTT)

By David Diaz

Today, shares of Ultra Clean Hold (NASDAQ:UCTT) have advanced above their 10-day MA of $16.36 on a volume of 226K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Ultra Clean Hold share prices have been bracketed by a low of $5.40 and a high of $34.59 and are now at $16.60, 207% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has slid 0.8%.

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

Keywords: moving crosses ultra clean hold

Ticker(s): UCTT