Henry Schein Crosses Above its 10-day MA (HSIC)
Today, shares of Henry Schein (NASDAQ:HSIC) have advanced above their 10-day MA of $151.09 on a volume of 801K 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, shares of Henry Schein have traded between a low of $126.17 and a high of $183.00 and are now at $158.58, which is 26% above that low price. 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 recommended that its subscribers protect gains by selling shares of Henry Schein on August 4th, 2016 by issuing a Downtrend alert when the shares were trading at $168.58. Since that call, shares of Henry Schein have fallen 12.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses henry schein