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United Therapeutics Bullish Moving Average Crossover Alert (UTHR)

By David Diaz

Today, shares of United Therapeutics (NASDAQ:UTHR) have advanced above their 10-day MA of $122.46 on a volume of 116K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

United Therapeutics share prices have moved between a 52-week high of $190.29 and a 52-week low of $97.52 and are now trading 28% above that low price at $124.60 per share. The 200-day and 50-day moving averages have moved 0.98% lower and 1.27% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of United Therapeutics on February 23rd, 2017 by issuing a Downtrend alert when the shares were trading at $145.27. Since that call, shares of United Therapeutics have fallen 15.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses United Therapeutics

Ticker(s): UTHR