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Hershey Bearish Moving Average Crossover Alert (HSY)

By David Diaz

Today, shares of Hershey (NYSE:HSY) have fallen below their 10-day MA of $92.38 on a volume of 130K 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.

Over the past year, Hershey has traded in a range of $82.41 to $97.40 and is now at $91.96, 12% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant 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

Ticker(s): HSY