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Henry Schein Crosses Above its 10-day MA (HSIC)

By David Diaz

Today, shares of Henry Schein (NASDAQ:HSIC) have crossed bullishly above their 10-day moving average of $175.84 on a volume of 172K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Henry Schein share prices have been bracketed by a low of $126.17 and a high of $183.00 and are now at $181.07, 44% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Henry Schein on January 26th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $159.29. Since that recommendation, shares of Henry Schein have risen 9.9%. We continue to monitor HSIC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses henry schein

Ticker(s): HSIC