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HSN Bearish Moving Average Crossover Alert (HSNI)

By James Quinn

Today, shares of HSN (NASDAQ:HSNI) have fallen below their 10-day MA of $51.16 on a volume of 413K 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.

Over the past year, HSN has traded in a range of $40.83 to $75.43 and is now at $48.18, 18% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 0.5%.

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

Keywords: moving crosses hsn

Ticker(s): HSNI