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Union Bankshares Bullish Moving Average Crossover Alert (UBSH)

By Nick Russo

Union Bankshares (NASDAQ:UBSH) shares have crossed bullishly above their 10-day moving average of $39.81 on a volume of 168K 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, Union Bankshares has traded in a range of $23.28 to $42.74 and is now at $40.39, 73% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

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

Keywords: moving crosses union bankshares

Ticker(s): UBSH