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Shares of ULTI Up 35.4% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Ultimate Softwar (NASDAQ:ULTI) on December 31st, 2018 at $244.68. In approximately 10 months, Ultimate Softwar has returned 35.43% as of today's recent price of $331.36.

In the past 52 weeks, Ultimate Softwar share prices have been bracketed by a low of $219.97 and a high of $365.86 and are now at $331.36, 51% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

The Ultimate Software Group, Inc. designs, develops, and markets software solutions. The Company provides businesses with cloud-based functionality to manage the employment life cycle. Ultimate Software Group serves customers globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ultimate Softwar shares.

Log in and add Ultimate Softwar (ULTI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ultimate softwar

Ticker(s): ULTI