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Uptrend Call Working As Universal American Stock Rises 28.2% (UAM)

By James Quinn

SmarTrend identified an Uptrend for Universal American (NYSE:UAM) on October 4th, 2016 at $7.79. In approximately 6 months, Universal American has returned 28.20% as of today's recent price of $9.98.

In the past 52 weeks, Universal American share prices have been bracketed by a low of $5.55 and a high of $11.16 and are now at $9.98, 80% above that low price. The 200-day and 50-day moving averages have moved 0.61% lower and 0.96% higher over the past week, respectively.

Universal American Financial Corp. is a life and accident and health insurance holding company. The Company focuses on senior market life insurance, annuity and accident and health insurance products designed for sale primarily in New York, Florida, and Texas.

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

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

Keywords: spotlights universal american

Ticker(s): UAM