United Continental Holdings Crosses Above its 10-day MA (UAL)
Today, shares of United Continental Holdings (NYSE:UAL) have advanced above their 10-day MA of $45.26 on a volume of 1.4 million 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, shares of United Continental Holdings have traded between a low of $42.17 and a high of $63.90 and are now at $45.59, which is 8% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.3%.
SmarTrend recommended that its subscribers protect gains by selling shares of United Continental Holdings on April 25th, 2016 by issuing a Downtrend alert when the shares were trading at $50.38. Since that call, shares of United Continental Holdings have fallen 11.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses united continental holdings