Hershey Bearish Moving Average Crossover Alert (HSY)
Hershey (NYSE:HSY) crossed under its 10-day moving average of $91.11 on a volume of 251K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, shares of Hershey have traded between a low of $68.09 and a high of $98.00 and are now at $91.00, which is 34% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.2%.
SmarTrend is tracking the current trend status for Hershey and will alert subscribers who have HSY in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Hershey