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Bearish Moving Average Cross by Humana (HUM)

By David Diaz

Today, shares of Humana (NYSE:HUM) have fallen below their 10-day MA of $229.47 on a volume of 181K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Humana share prices have moved between a 52-week high of $233.66 and a 52-week low of $150.00 and are now trading 52% above that low price at $227.66 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend recommended that subscribers consider buying shares of Humana on April 25th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $217.26. Since that recommendation, shares of Humana have risen 6.4%. We continue to monitor HUM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Humana

Ticker(s): HUM