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Hudson Pacific P Crosses Below its 10-day MA (HPP)

By Shiri Gupta

Today, shares of Hudson Pacific P (NYSE:HPP) have fallen below their 10-day MA of $35.12 on a volume of 101K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Hudson Pacific P share prices have been bracketed by a low of $27.12 and a high of $36.06 and are now at $35.00, 29% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

SmarTrend recommended that subscribers consider buying shares of Hudson Pacific P on January 10th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $29.74. Since that recommendation, shares of Hudson Pacific P have risen 18.8%. We continue to monitor HPP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses hudson pacific p

Ticker(s): HPP