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Hess Corp Crosses Below its 10-day MA (HES)

By David Diaz

Today, shares of Hess Corp (NYSE:HES) have fallen below their 10-day MA of $60.35 on a volume of 516K 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.

Hess Corp share prices have moved between a 52-week high of $74.81 and a 52-week low of $35.59 and are now trading 68% above that low price at $59.74 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

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

Keywords: moving crosses hess corp

Ticker(s): HES