Ultimate Software Group Breaks Above 200-Day Moving Average - Bullish for ULTI

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In trading on Wednesday, shares of Ultimate Software Group, Inc. (Symbol: ULTI) crossed above their 200 day moving average of $143.75, changing hands as high as $144.84 per share. Ultimate Software Group, Inc. shares are currently trading up about 7.4% on the day. The chart below shows the one year performance of ULTI shares, versus its 200 day moving average: Ultimate Software Group, Inc. 200 Day Moving Average Chart

Looking at the chart above, ULTI's low point in its 52 week range is $109.50 per share, with $171.96 as the 52 week high point - that compares with a last trade of $143.76.

According to the ETF Finder at ETF Channel, ULTI makes up 1.05% of the iShares North American Tech-Software ETF (Symbol: IGV) which is trading higher by about 1% on the day Wednesday.

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




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




This article appears in: Investing , Investing Ideas

Referenced Stocks: ULTI , IGV

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