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Umpqua Holdings Bullish Moving Average Crossover Alert (UMPQ)

By James Quinn

Umpqua Holdings (NASDAQ:UMPQ) crossed over its 10-day moving average of $21.62 on a volume of 352K 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.

Umpqua Holdings share prices have moved between a 52-week high of $24.89 and a 52-week low of $14.61 and are now trading 49% above that low price at $21.84 per share. The 200-day and 50-day moving averages have moved 0.08% higher and 0.38% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Umpqua Holdings on June 27th, 2018 by issuing a Downtrend alert when the shares were trading at $23.08. Since that call, shares of Umpqua Holdings have fallen 6.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses umpqua holdings

Ticker(s): UMPQ