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Bullish Moving Average Cross by Hartford Finl Sv (HIG)

By Amy Schwartz

Hartford Finl Sv (NYSE:HIG) shares have crossed bullishly above their 10-day moving average of $55.85 on a volume of 352K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Hartford Finl Sv have traded between a low of $38.92 and a high of $56.60 and are now at $56.08, which is 44% above that low price. The 200-day and 50-day moving averages have moved 0.1% lower and 0.44% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Hartford Finl Sv on November 9th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $45.36. Since that recommendation, shares of Hartford Finl Sv have risen 22.9%. We continue to monitor HIG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses hartford finl sv

Ticker(s): HIG