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United Rentals Bearish Moving Average Crossover Alert (URI)

By Amy Schwartz

Today, shares of United Rentals (NYSE:URI) have fallen below their 10-day MA of $152.93 on a volume of 701K 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 Rentals share prices have been bracketed by a low of $106.52 and a high of $190.74 and are now at $152.68, 43% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in United Rentals. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of United Rentals in search of a potential trend change.

Keywords: moving crosses united rentals

Ticker(s): URI