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United Parcel-B Crosses Above its 10-day MA (UPS)

By James Quinn

United Parcel-B (NYSE:UPS) shares have crossed bullishly above their 10-day moving average of $111.44 on a volume of 495K 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, United Parcel-B share prices have been bracketed by a low of $102.12 and a high of $120.44 and are now at $112.02, 10% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for United Parcel-B and will alert subscribers who have UPS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses united parcel-b

Ticker(s): UPS