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HollyFrontier Bearish Moving Average Crossover Alert (HFC)

By Nick Russo

HollyFrontier (NYSE:HFC) shares have crossed bearishly below their 10-day moving average of $36.00 on a volume of 293K 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.

In the past 52 weeks, HollyFrontier share prices have been bracketed by a low of $29.00 and a high of $54.73 and are now at $35.32, 22% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.5%.

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

Keywords: moving crosses hollyfrontier

Ticker(s): HFC