Thursday, November 29, 2012

Chart of the Day - Unilever (UN)

The "Chart of the Day" is Unilever (UN), which showed up on Tuesday's Barchart "All-Time High" list. Unilever on Tuesday posted a new all-time high of 37.55 and closed +0.21%. Unilever closed near its daily low, which suggests that the stock market need to correct a bit lower before regaining some upside momentum. TrendSpotter just turned long on Tuesday. In recent news on the stock, UBS on Sep 14 upgraded Unilever to Buy from Neutral. Unilever, with a market cap of $105 billion, is one of the world's largest consumer products companies. They produce and market a wide range of foods, home, and personal care products.

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