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Hyatt Hotels-A Bearish Moving Average Crossover Alert (H)

By James Quinn

Hyatt Hotels-A (NYSE:H) shares have crossed bearishly below their 10-day moving average of $80.78 on a volume of 120K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Hyatt Hotels-A have traded between a low of $45.12 and a high of $83.02 and are now at $79.96, which is 77% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.4%.

SmarTrend recommended that subscribers consider buying shares of Hyatt Hotels-A on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $77.96. Since that recommendation, shares of Hyatt Hotels-A have risen 4.0%. We continue to monitor H for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses hyatt hotels-a

Ticker(s): H