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Universal Health Services Crosses Above its 10-day MA (UHS)

By James Quinn

Today, shares of Universal Health Services (NYSE:UHS) have crossed bullishly above their 10-day moving average of $114.06 on a volume of 171K 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, shares of Universal Health Services have traded between a low of $99.72 and a high of $148.57 and are now at $114.81, which is 15% above that low price. The 200-day and 50-day moving averages have moved 0.12% lower and 1.62% higher over the past week, respectively.

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

Keywords: moving crosses universal health services

Ticker(s): UHS