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Downtrend Call Working As Hyster-Yale Stock Falls 5.0% (HY)

By Shiri Gupta

SmarTrend identified a Downtrend for Hyster-Yale (NYSE:HY) on December 19th, 2019 at $58.47. In approximately 2 months, Hyster-Yale has returned 5.04% as of today's recent price of $55.52.

In the past 52 weeks, Hyster-Yale share prices have been bracketed by a current low of $0.00 and a high of $76.79 and are now at $0.00. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.5%.

Hyster-Yale Materials Handling, Inc. designs, manufactures, and markets material handling equipment. The Company offers a wide variety of lift trucks, heavy-duty containers, and parts. Hyster-Yale Materials Handling serves customers globally.

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

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

Keywords: spotlights hyster-yale

Ticker(s): HY