UCBI Makes Notable Cross Below Critical Moving Average

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In trading on Thursday, shares of United Community Banks Inc (Symbol: UCBI) crossed below their 200 day moving average of $26.26, changing hands as low as $25.60 per share. United Community Banks Inc shares are currently trading down about 3.5% on the day. The chart below shows the one year performance of UCBI shares, versus its 200 day moving average:

United Community Banks Inc 200 Day Moving Average Chart

Looking at the chart above, UCBI’s low point in its 52 week range is $21.63 per share, with $30.75 as the 52 week high point — that compares with a last trade of $25.68.

Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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