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Univest Corp of Pennsylvania (UVSP) Approaches New Downside Target of $16.36

Written on Fri, 07/16/2010 - 11:30am
By Chip Brian

SmarTrend has detected shares of Univest Corp of Pennsylvania (NASDAQ:UVSP) have bearishly opened below the pivot of $17.32 today and have reached the first level of support of $16.74.
Should the shares continue to fall, we are monitoring the next support pivots of $16.36 and $15.40. Also, the shares are currently trading below the 50-day moving average of $18.44 and below the 200-day moving average of $18.50.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to sell shares of Univest Corp of Pennsylvania on July 01, 2010 at $17.19. Since the call, the stock has fallen 3%.

Keywords: univest corp of pennsylvania pivot points

Ticker(s): UVSP

Contact Chip Brian



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