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Crossed Above 20 Day Moving Average appears for UGP after 2.06% move
UGP closed up 2.06% on Friday, June 26th, with volume running 0.6× below average. Mixed technical signals appeared with Crossed Above 20 DMA suggesting upside potential, while 1,2,3 Retracement Bearish and Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 4.88, 4.81 & 4.77, with resistance at 5.0, 5.04 & 5.11.
Current SwingTradeBot Technical Rating of UGP: C
Today’s move could mean more—check all the signals for UGP on SwingTradeBot.
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