Health Care REIT Bullish Moving Average Crossover Alert (HCN)
Today, shares of Health Care REIT (NYSE:HCN) have advanced above their 10-day MA of $69.67 on a volume of 246K 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.
Health Care REIT share prices have moved between a 52-week high of $80.19 and a 52-week low of $52.80 and are now trading 33% above that low price at $70.14 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.4%.
SmarTrend is monitoring the recent change of momentum in Health Care REIT. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Health Care REIT in search of a potential trend change.
Keywords: moving crosses health care reit