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Western Union Crosses Below its 10-day MA (WU)

By Nick Russo

Western Union (NYSE:WU) shares have crossed bearishly below their 10-day moving average of $18.97 on a volume of 660K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Western Union have traded between a low of $18.07 and a high of $22.70 and are now at $18.83, which is 4% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

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

Keywords: moving crosses Western Union

Ticker(s): WU