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Unisys Corp Trading Higher Today on Above-Average Volume, Consistent With Trend (UIS)

By Nick Russo

Shares of Unisys Corp are trading today in above average volume, with the share price rising 1.1% to $14.40. About 814,000 shares have been traded today, as compared to the 30-day average volume of 660,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Unisys Corp on October 3rd, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $8.83. Since that recommendation, shares of Unisys Corp have risen 61.5%. We continue to monitor UIS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Unisys Corp has traded in a range of $6.90 to $15.05 and is now at $14.28, 107% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has risen 0.9%.

Keywords: unusual volume unisys corp

Ticker(s): UIS