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Bullish Moving Average Cross by Udr Inc (UDR)

By Amy Schwartz

Udr Inc (NYSE:UDR) crossed over its 10-day moving average of $34.29 on a volume of 443K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Udr Inc share prices have moved between a 52-week high of $51.24 and a 52-week low of $29.20 and are now trading 18% above that low price at $34.59 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 3% while the 200-day MA has slid 0.7%.

SmarTrend is monitoring the recent change of momentum in Udr Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Udr Inc in search of a potential trend change.

Keywords: moving crosses udr inc

Ticker(s): UDR