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

By Amy Schwartz

Today, shares of United Parcel-B (NYSE:UPS) have crossed bearishly below their 10-day moving average of $101.15 on a volume of 355K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, United Parcel-B share prices have been bracketed by a low of $89.89 and a high of $125.09 and are now at $99.60, 11% 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 0.7%.

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