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

By David Diaz

Starwood Hotels & Resorts (NYSE:HOT) shares have crossed bullishly above their 10-day moving average of $83.74 on a volume of 316K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Starwood Hotels & Resorts has traded in a range of $64.40 to $86.11 and is now at $83.98, 30% above that low. The 200-day and 50-day moving averages have moved 0.16% higher and 0.03% higher over the past week, respectively.

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