Starwood Hotels & Resorts Bullish Moving Average Crossover Alert (HOT)
Starwood Hotels & Resorts (NYSE:HOT) crossed over its 10-day moving average of $65.30 on a volume of 186K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Starwood Hotels & Resorts share prices have moved between a 52-week high of $70.16 and a 52-week low of $50.22 and are now trading 30% above that low price at $65.44 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.4%.
SmarTrend is monitoring the recent change of momentum in Starwood Hotels & Resorts. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Starwood Hotels & Resorts in search of a potential trend change.
Keywords: moving crosses starwood hotels & resorts