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Bullish Moving Average Cross by Hornbeck Offshore Services (HOS)

By Nick Russo

Today, shares of Hornbeck Offshore Services (NYSE:HOS) have advanced above their 10-day MA of $11.32 on a volume of 296K shares. Swing traders may find 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 Hornbeck Offshore Services have traded between a low of $5.58 and a high of $25.01 and are now at $11.43, which is 105% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has advanced 2.5%.

SmarTrend is tracking the current trend status for Hornbeck Offshore Services and will alert subscribers who have HOS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses hornbeck offshore services

Ticker(s): HOS