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

By David Diaz

Today, shares of Healthcare Rlty (NYSE:HR) have crossed bullishly above their 10-day moving average of $32.48 on a volume of 124K 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.

In the past 52 weeks, shares of Healthcare Rlty have traded between a low of $26.66 and a high of $36.60 and are now at $32.68, which is 23% above that low price. The 200-day and 50-day moving averages have moved 0.53% higher and 0.66% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Healthcare Rlty on June 30th, 2017 by issuing a Downtrend alert when the shares were trading at $34.17. Since that call, shares of Healthcare Rlty have fallen 5.8%. 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