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Unilever Crosses Above its 10-day MA (UN)

By James Quinn

Today, shares of Unilever (NYSE:UN) have advanced above their 10-day MA of $44.44 on a volume of 1.1 million 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, shares of Unilever have traded between a low of $37.93 and a high of $47.17 and are now at $44.81, which is 18% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

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