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After Yesterday's Decline of 1.28%, Universal Hlth-B Offers Investors Better Value

By Nick Russo

Universal Hlth-B (NYSE:UHS) traded in a range yesterday that spanned from a low of $124.32 to a high of $126.80. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $125.72 on volume of 210,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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

Universal Hlth-B share prices have moved between a 52-week high of $138.77 and a 52-week low of $95.26 and are now trading 31% above that low price at $124.36 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has remained constant.

Keywords: rebounders universal hlth-b

Ticker(s): UHS