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Red Hat Inc Has Returned 8.8% Since SmarTrend Recommendation (RHT)

By David Diaz

SmarTrend identified an Uptrend for Red Hat Inc (:RHT) on October 29th, 2018 at $170.29. In approximately 7 months, Red Hat Inc has returned 8.80% as of today's recent price of $185.28.

Over the past year, Red Hat Inc has traded in a range of $115.31 to $185.50 and is now at $185.28, 61% above that low. The 200-day and 50-day moving averages have moved 0.34% higher and 0.08% higher over the past week, respectively.

Red Hat, Inc. develops and provides open source software and services, including the Red Hat Linux operating system. The Company's web site offers information and news about open source software and provides an online community of open source software users and developers.

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

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

Keywords: spotlights :rht red hat inc

Ticker(s): RHT