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Bearish Moving Average Cross by Hubspot Inc (HUBS)

By David Diaz

Today, shares of Hubspot Inc (NYSE:HUBS) have crossed bearishly below their 10-day moving average of $113.14 on a volume of 262K 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, Hubspot Inc share prices have been bracketed by a low of $41.63 and a high of $124.45 and are now at $110.90, 166% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has slid 0.2%.

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

Keywords: moving crosses hubspot inc

Ticker(s): HUBS