United Parcel Service Bullish Moving Average Crossover Alert (UPS)
United Parcel Service (NYSE:UPS) shares have crossed bullishly above their 10-day moving average of $103.90 on a volume of 279K shares. This may provide swing traders with 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 Parcel Service have traded between a low of $87.30 and a high of $107.32 and are now at $104.28, which is 19% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.
SmarTrend is monitoring the recent change of momentum in United Parcel Service. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of United Parcel Service in search of a potential trend change.
Keywords: moving crosses united parcel service