• Return to Headlines

Henry Schein Inc Bearish Moving Average Crossover Alert (HSIC)

By Shiri Gupta

Today, shares of Henry Schein Inc (NASDAQ:HSIC) have fallen below their 10-day MA of $66.32 on a volume of 183K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Henry Schein Inc share prices have been bracketed by a low of $53.91 and a high of $71.65 and are now at $65.96, 22% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.8%.

SmarTrend recommended that subscribers consider buying shares of Henry Schein Inc on April 5th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $62.21. Since that recommendation, shares of Henry Schein Inc have risen 8.2%. 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 inc

Ticker(s): HSIC