United Therapeutics (UTHR) Crossed Above the 50-Day Moving Average: What That Means for Investors
Technical Analysis - United Therapeutics (UTHR) has recently reached a key level of support and has overtaken the 50-day moving average, indicating a short-term bullish trend [1] - The 50-day simple moving average is considered important as it helps establish support and resistance levels, and UTHR shares have increased by 6.9% over the past four weeks [2] Earnings Estimates - Positive earnings estimate revisions for UTHR strengthen the bullish case, with no estimates decreasing in the past two months and two estimates increasing, leading to a rise in the consensus estimate [3] - The current Zacks Rank for UTHR is 3 (Hold), suggesting potential for continued gains [2][3]