• Return to Headlines

H&R Block Inc Crosses Above its 10-day MA (HRB)

By Amy Schwartz

Today, shares of H&R Block Inc (NYSE:HRB) have advanced above their 10-day MA of $23.42 on a volume of 192K 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 H&R Block Inc have traded between a low of $22.96 and a high of $29.62 and are now at $23.52, which is 2% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1%.

SmarTrend recommended that its subscribers protect gains by selling shares of H&R Block Inc on August 5th, 2019 by issuing a Downtrend alert when the shares were trading at $26.96. Since that call, shares of H&R Block Inc have fallen 13.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses h&r block inc

Ticker(s): HRB