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Bearish Moving Average Cross by Hawaiian Holdings (HA)

By David Diaz

Hawaiian Holdings (AMEX:HA) shares have crossed bearishly below their 10-day moving average of $45.27 on a volume of 183K shares. Swing traders may find 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 Hawaiian Holdings have traded between a low of $19.87 and a high of $50.95 and are now at $44.74, which is 125% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 1.0%.

SmarTrend recommended that subscribers consider buying shares of Hawaiian Holdings on July 7th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $40.06. Since that recommendation, shares of Hawaiian Holdings have risen 14.3%. We continue to monitor HA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses amex:ha hawaiian holdings

Ticker(s): HA