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

By James Quinn

United Parcel Service (NYSE:UPS) shares have crossed bullishly above their 10-day moving average of $101.88 on a volume of 548K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

United Parcel Service share prices have moved between a 52-week high of $107.32 and a 52-week low of $87.30 and are now trading 17% above that low price at $102.23 per share. Over the last five market days, 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 Service and will alert subscribers who have UPS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses united parcel service

Ticker(s): UPS