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Urban Outfitter Bullish Moving Average Crossover Alert (URBN)

By Amy Schwartz

Urban Outfitter (NASDAQ:URBN) crossed over its 10-day moving average of $18.43 on a volume of 12.6 million shares. Swing traders may find 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 Urban Outfitter have traded between a low of $16.19 and a high of $40.80 and are now at $20.82, which is 29% above that low price. The 200-day and 50-day moving averages have moved 0.45% lower and 0.59% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Urban Outfitter. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Urban Outfitter in search of a potential trend change.

Keywords: moving crosses urban outfitter

Ticker(s): URBN