Hess Bullish Moving Average Crossover Alert (HES)
Hess (NYSE:HES) crossed over its 10-day moving average of $56.73 on a volume of 432K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Hess have traded between a low of $32.41 and a high of $76.42 and are now at $56.89, which is 76% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 2.2%.
SmarTrend is tracking the current trend status for Hess and will alert subscribers who have HES in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Hess