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Bullish Moving Average Cross by Hilton Worldwide (HLT)

By Shiri Gupta

Today, shares of Hilton Worldwide (NYSE:HLT) have crossed bullishly above their 10-day moving average of $91.87 on a volume of 202K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Hilton Worldwide share prices have been bracketed by a low of $63.76 and a high of $94.48 and are now at $92.13, 44% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

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

Keywords: moving crosses hilton worldwide

Ticker(s): HLT