Universal Stainless & Alloy Products (USAP) goes positive by breaking intraday moving average 2013/01/09 16:44

The intraday price for Universal Stainless & Alloy Products has moved above its 200 period 30 minute moving average of 36.47. USAP is near 36.78 bucks now. Breaking above the moving average adds to the positive trend in the price.

The price is above the trend line, which is about $35.98. Falling below that might indicate a change in trend.

Other stocks to watch – these are correlated with Universal Stainless & Alloy Products:

Virginia Municipal Cash Trust Institutional Service Cl (VACXX) with a correlation of 97.9%

Virginia Municipal Cash Trust Is Federated (VAIXX) with a correlation of 97.9%

VLNX (VLNX) with a correlation of 98.29%

Vocus (VOCS) with a correlation of 98.61%

Zazu Metals Corp (ZAZUF) with a correlation of 98.35%