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17.7% Return Seen to Date on SmarTrend Hanesbrands Inc Call (HBI)

By David Diaz

SmarTrend identified an Uptrend for Hanesbrands Inc (NYSE:HBI) on May 18th, 2018 at $18.44. In approximately 2 months, Hanesbrands Inc has returned 17.73% as of today's recent price of $21.71.

In the past 52 weeks, shares of Hanesbrands Inc have traded between a low of $16.38 and a high of $25.73 and are now at $21.71, which is 33% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.2%.

Hanesbrands, Inc. manufactures apparels and clothing products. The Company produces underwear, t-shirts, sport shirts, socks, bras, thermals, sweatshirts, sleepwear, and shoes for men, women, and children. Hanesbrands serves clients in the State of North Carolina.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Hanesbrands Inc shares.

Log in and add Hanesbrands Inc (HBI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights hanesbrands inc

Ticker(s): HBI