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Bullish Moving Average Cross by Hilton Worldwide (HLT)

By Amy Schwartz

Hilton Worldwide (NYSE:HLT) shares have crossed bullishly above their 10-day moving average of $92.04 on a volume of 192K 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.

Over the past year, Hilton Worldwide has traded in a range of $63.76 to $101.14 and is now at $94.01, 47% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.5% while the 200-day MA has risen 0.5%.

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