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Universal Displa Bullish Moving Average Crossover Alert (OLED)

By James Quinn

Universal Displa (NASDAQ:OLED) crossed over its 10-day moving average of $176.81 on a volume of 869K 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.

Over the past year, Universal Displa has traded in a range of $78.78 to $230.32 and is now at $198.00, 151% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has risen 0.8%.

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

Keywords: moving crosses universal displa

Ticker(s): OLED