SmarTrend Detects Continued Buying Pressure in Shares of Unisys (UIS)
SmarTrend identified an Uptrend for Unisys (NYSE: UIS) on February 05, 2010 at $33.91. In approximately 4 weeks, Unisys has returned 9.7% as of today's recent price of $37.21.
Unisys is currently above its 50-day moving average of $35.50 and above its 200-day moving average of $26.21. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Unisys shares.
Write to Chip Brian at cbrian@tradethetrend.com
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