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Unilever Bullish Moving Average Crossover Alert (UN)

By Nick Russo

Today, shares of Unilever (NYSE:UN) have crossed bullishly above their 10-day moving average of $44.40 on a volume of 655K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Unilever has traded in a range of $37.93 to $47.17 and is now at $44.87, 18% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Unilever. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Unilever in search of a potential trend change.

Keywords: moving crosses Unilever

Ticker(s): UN