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Humana Crosses Above its 10-day MA (HUM)

By David Diaz

Humana (NYSE:HUM) shares have crossed bullishly above their 10-day moving average of $186.36 on a volume of 136K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Humana has traded in a range of $155.24 to $219.79 and is now at $187.02, 20% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend recommended that subscribers consider buying shares of Humana on May 26th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $173.90. Since that recommendation, shares of Humana have risen 6.2%. We continue to monitor HUM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Humana

Ticker(s): HUM