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Hewlett Packa Bullish Moving Average Crossover Alert (HPE)

By Shiri Gupta

Today, shares of Hewlett Packa (NYSE:HPE) have crossed bullishly above their 10-day moving average of $14.56 on a volume of 2.2 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Hewlett Packa has traded in a range of $12.09 to $17.74 and is now at $14.80, 22% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.4%.

SmarTrend is tracking the current trend status for Hewlett Packa and will alert subscribers who have HPE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses hewlett packa

Ticker(s): HPE