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Universal Hlth-B Bullish Moving Average Crossover Alert (UHS)

By David Diaz

Universal Hlth-B (NYSE:UHS) crossed over its 10-day moving average of $126.23 on a volume of 427K 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, shares of Universal Hlth-B have traded between a low of $95.26 and a high of $132.63 and are now at $130.31, which is 37% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Universal Hlth-B on July 26th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $121.82. Since that recommendation, shares of Universal Hlth-B have risen 3.5%. We continue to monitor UHS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses universal hlth-b

Ticker(s): UHS