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United Continental Holdings Crosses Above its 10-day MA (UAL)

By Shiri Gupta

Today, shares of United Continental Holdings (NYSE:UAL) have advanced above their 10-day MA of $77.25 on a volume of 725K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, United Continental Holdings share prices have been bracketed by a low of $37.41 and a high of $79.15 and are now at $77.63, 108% above that low price. The 200-day and 50-day moving averages have moved 0.34% lower and 1.31% lower over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of United Continental Holdings on March 31st, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $70.82. Since that recommendation, shares of United Continental Holdings have risen 7.3%. We continue to monitor UAL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses united continental holdings

Ticker(s): UAL