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Healthcare Rlty Crosses Above its 10-day MA (HR)

By Amy Schwartz

Healthcare Rlty (NYSE:HR) crossed over its 10-day moving average of $27.20 on a volume of 181K 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, Healthcare Rlty has traded in a range of $26.27 to $36.60 and is now at $27.37, 4% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Healthcare Rlty on December 22nd, 2017 by issuing a Downtrend alert when the shares were trading at $31.58. Since that call, shares of Healthcare Rlty have fallen 14.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses healthcare rlty

Ticker(s): HR