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Bullish Moving Average Cross by Hilton Worldwide (HLT)

By Shiri Gupta

Hilton Worldwide (NYSE:HLT) shares have crossed bullishly above their 10-day moving average of $99.31 on a volume of 223K 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.

Hilton Worldwide share prices have moved between a 52-week high of $101.14 and a 52-week low of $63.76 and are now trading 56% above that low price at $99.51 per share. The 200-day and 50-day moving averages have moved 0.36% higher and 0.77% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Hilton Worldwide on January 11th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $71.73. Since that recommendation, shares of Hilton Worldwide have risen 38.3%. We continue to monitor HLT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses hilton worldwide

Ticker(s): HLT