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Harris Crosses Below its 10-day MA (HRS)

By Amy Schwartz

Today, shares of Harris (NYSE:HRS) have crossed bearishly below their 10-day moving average of $78.50 on a volume of 372K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Harris share prices have been bracketed by a low of $70.10 and a high of $89.78 and are now at $77.94, 11% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses harris

Ticker(s): HRS