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

By James Quinn

Today, shares of Ultra Clean Hold (NASDAQ:UCTT) have crossed bearishly below their 10-day moving average of $22.52 on a volume of 229K 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.

Ultra Clean Hold share prices have moved between a 52-week high of $26.21 and a 52-week low of $5.40 and are now trading 315% above that low price at $22.41 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 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