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United Tech Corp Shares Down 34.9% Since SmarTrend's Sell Call (UTX)

By Amy Schwartz

SmarTrend identified a Downtrend for United Tech Corp (NYSE:UTX) on April 2nd, 2020 at $88.68. In approximately 1 month, United Tech Corp has returned 34.87% as of today's recent price of $57.76.

In the past 52 weeks, shares of United Tech Corp have traded between a low of $52.64 and a high of $158.44 and are now at $57.76, which is 10% above that low price. The 200-day and 50-day moving averages have moved 0% lower and 0% lower over the past week, respectively.

United Technologies Corporation provides technology products and support services. The Company products include aircraft engines, elevators and escalators, heating and air conditioning equipment, helicopters, aerospace systems, fuel cell systems, and fire safety equipment.

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

Log in and add United Tech Corp (UTX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights united tech corp

Ticker(s): UTX