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

By Shiri Gupta

Today, shares of United Parcel-B (NYSE:UPS) have crossed bearishly below their 10-day moving average of $113.73 on a volume of 293K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

United Parcel-B share prices have moved between a 52-week high of $125.09 and a 52-week low of $89.89 and are now trading 26% above that low price at $113.20 per share. 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