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Bearish Moving Average Cross by Hartford Finl Sv (HIG)

By Nick Russo

Hartford Finl Sv (NYSE:HIG) crossed under its 10-day moving average of $53.09 on a volume of 178K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Hartford Finl Sv have traded between a low of $48.53 and a high of $59.20 and are now at $52.92, which is 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Hartford Finl Sv and will alert subscribers who have HIG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses hartford finl sv

Ticker(s): HIG