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Umpqua Holdings Bearish Moving Average Crossover Alert (UMPQ)

By Shiri Gupta

Umpqua Holdings (NASDAQ:UMPQ) crossed under its 10-day moving average of $22.96 on a volume of 1.2 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Umpqua Holdings share prices have been bracketed by a low of $14.61 and a high of $24.89 and are now at $22.09, 51% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Umpqua Holdings and will alert subscribers who have UMPQ in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses umpqua holdings

Ticker(s): UMPQ