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Hyatt Hotels-A Crosses Above its 10-day MA (H)

By Shiri Gupta

Hyatt Hotels-A (NYSE:H) shares have crossed bullishly above their 10-day moving average of $83.48 on a volume of 254K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Hyatt Hotels-A share prices have moved between a 52-week high of $84.89 and a 52-week low of $54.38 and are now trading 54% above that low price at $83.95 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.5%.

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 $77.97. Since that recommendation, shares of Hyatt Hotels-A have risen 6.4%. 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