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United Rentals Bullish Moving Average Crossover Alert (URI)

By Shiri Gupta

Today, shares of United Rentals (NYSE:URI) have advanced above their 10-day MA of $116.13 on a volume of 168K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

United Rentals share prices have moved between a 52-week high of $158.86 and a 52-week low of $94.28 and are now trading 25% above that low price at $117.63 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 1.1%.

SmarTrend is tracking the current trend status for United Rentals and will alert subscribers who have URI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses united rentals

Ticker(s): URI