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Halyard Health Crosses Above its 10-day MA (HYH)

By Shiri Gupta

Halyard Health (NYSE:HYH) shares have crossed bullishly above their 10-day moving average of $60.08 on a volume of 111K 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, Halyard Health has traded in a range of $37.97 to $61.52 and is now at $60.27, 59% above that low. The 200-day and 50-day moving averages have moved 0.64% higher and 2.13% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Halyard Health on May 2nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $51.22. Since that recommendation, shares of Halyard Health have risen 16.2%. We continue to monitor HYH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses halyard health

Ticker(s): HYH