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Unilever Crosses Above its 10-day MA (UN)

By Shiri Gupta

Unilever (NYSE:UN) shares have crossed bullishly above their 10-day moving average of $45.58 on a volume of 577K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Unilever share prices have moved between a 52-week high of $48.00 and a 52-week low of $37.93 and are now trading 23% above that low price at $46.54 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

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

Keywords: moving crosses Unilever

Ticker(s): UN