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Hain Celestial Crosses Above its 10-day MA (HAIN)

By Nick Russo

Hain Celestial (NASDAQ:HAIN) shares have crossed bullishly above their 10-day moving average of $36.72 on a volume of 147K 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.

Hain Celestial share prices have moved between a 52-week high of $70.65 and a 52-week low of $32.87 and are now trading 12% above that low price at $36.95 per share. The 200-day and 50-day moving averages have moved 1.08% lower and 1.37% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Hain Celestial on August 16th, 2016 by issuing a Downtrend alert when the shares were trading at $38.80. Since that call, shares of Hain Celestial have fallen 5.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses hain celestial

Ticker(s): HAIN