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Ulta Beauty Inc Bullish Moving Average Crossover Alert (ULTA)

By James Quinn

Ulta Beauty Inc (NASDAQ:ULTA) shares have crossed bullishly above their 10-day moving average of $174.75 on a volume of 586K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Ulta Beauty Inc share prices have been bracketed by a low of $124.05 and a high of $368.83 and are now at $179.58, 45% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.7% while the 50-day MA has declined 4.2%.

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

Keywords: moving crosses ulta beauty inc

Ticker(s): ULTA