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Downtrend Call Working As Hortonworks Inc Stock Falls 32.6% (HDP)

By Nick Russo

SmarTrend identified a Downtrend for Hortonworks Inc (NASDAQ:HDP) on October 2nd, 2018 at $21.78. In approximately 8 months, Hortonworks Inc has returned 32.60% as of today's recent price of $14.68.

Over the past year, Hortonworks Inc has traded in a range of $13.14 to $26.22 and is now at $14.68, 12% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Hortonworks Inc. provides enterprise data platform. The Company offers open source platform which provides data management infrastructures including vital management, monitoring, metadata, and data integration services. Hortonworks serves customers worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Hortonworks Inc.

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

Keywords: spotlights hortonworks inc

Ticker(s): HDP