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Hcp Inc Bearish Moving Average Crossover Alert (HCP)

By Shiri Gupta

Hcp Inc (NYSE:HCP) crossed under its 10-day moving average of $30.06 on a volume of 277K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Hcp Inc share prices have moved between a 52-week high of $32.23 and a 52-week low of $22.49 and are now trading 33% above that low price at $29.87 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.3%.

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

Keywords: moving crosses hcp inc

Ticker(s): HCP