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Bearish Moving Average Cross by Healthcare Rlty (HR)

By James Quinn

Healthcare Rlty (NYSE:HR) crossed under its 10-day moving average of $28.37 on a volume of 199K 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, Healthcare Rlty share prices have been bracketed by a low of $26.09 and a high of $33.98 and are now at $28.26, 8% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Healthcare Rlty and will alert subscribers who have HR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses healthcare rlty

Ticker(s): HR