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United Therapeutics Crosses Above its 10-day MA (UTHR)

By James Quinn

United Therapeutics (NASDAQ:UTHR) shares have crossed bullishly above their 10-day moving average of $121.01 on a volume of 180K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, United Therapeutics share prices have been bracketed by a low of $97.52 and a high of $190.29 and are now at $125.00, 28% above that low price. 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 16.8%. 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