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Herbalife Ltd Crosses Below its 10-day MA (HLF)

By Amy Schwartz

Herbalife Ltd (NYSE:HLF) shares have crossed bearishly below their 10-day moving average of $57.17 on a volume of 235K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Herbalife Ltd has traded in a range of $47.76 to $61.77 and is now at $57.01, 19% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Herbalife Ltd and will alert subscribers who have HLF in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses herbalife ltd

Ticker(s): HLF