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Starwood Hotels & Resorts Bullish Moving Average Crossover Alert (HOT)

By David Diaz

Starwood Hotels & Resorts (NYSE:HOT) crossed over its 10-day moving average of $82.38 on a volume of 221K 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.

In the past 52 weeks, Starwood Hotels & Resorts share prices have been bracketed by a low of $68.53 and a high of $87.99 and are now at $82.50, 20% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Starwood Hotels & Resorts and will alert subscribers who have HOT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses starwood hotels & resorts

Ticker(s): HOT