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Univar Inc Down 1.7% Since SmarTrend Downtrend Call (UNVR)

By James Quinn

SmarTrend identified a Downtrend for Univar Inc (NYSE:UNVR) on January 23rd, 2020 at $22.35. In approximately 3 weeks, Univar Inc has returned 1.70% as of today's recent price of $21.97.

Over the past year, Univar Inc has traded in a range of $17.78 to $24.77 and is now at $21.97, 24% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.

Univar Inc. distributes industrial and specialty chemical products. The Company offers solvents, resins, pigments, acids, bases, surfactants, glycols, inorganic compounds, and alcohols. Univar supplies its products to the coatings and adhesives, food, oil and gas, personal care, and pharmaceutical industries worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Univar Inc.

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

Keywords: spotlights univar inc

Ticker(s): UNVR