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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 $45.87 on a volume of 548K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Unilever share prices have been bracketed by a low of $37.93 and a high of $48.00 and are now at $45.97, 21% above that low price. The 200-day and 50-day moving averages have moved 0.02% lower and 0.19% higher over the past week, respectively.

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