• Return to Headlines

Herbalife Ltd: The Losing Streak Continues (HLF)

By James Quinn

Herbalife Ltd (NYSE:HLF) traded at a new 52-week low today of $45.24. This new low was reached on below average trading volume as 340,000 shares traded hands, while the average 30-day volume is approximately 2 million shares.

Herbalife Ltd has overhead space with shares priced $45.24, or 15.3% below the average consensus analyst price target of $53.44. Herbalife Ltd shares should first meet resistance at the 50-day moving average (MA) of $52.79 and find additional resistance at the 200-day MA of $55.43.

Herbalife Ltd. is a global nutrition company that sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. The Company distributes and sells its products through a network of independent distributors, using the direct selling channel.

Over the past year, Herbalife Ltdhas traded in a range of $45.24 to $61.77 and are now at $45.24. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1.5%.

SmarTrend is monitoring the recent change of momentum in Herbalife Ltd. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Herbalife Ltd in search of a potential trend change.

Keywords: 52 week high/lows herbalife ltd

Ticker(s): HLF