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United Tech Corp Bullish Moving Average Crossover Alert (UTX)

By James Quinn

United Tech Corp (NYSE:UTX) crossed over its 10-day moving average of $131.86 on a volume of 459K 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, United Tech Corp share prices have been bracketed by a low of $96.89 and a high of $139.24 and are now at $132.39, 37% 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 advanced 0.8%.

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

Keywords: moving crosses united tech corp

Ticker(s): UTX