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Shares of HBI Down 14.1% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Hanesbrands Inc (NYSE:HBI) on February 6th, 2018 at $21.02. In approximately 2 months, Hanesbrands Inc has returned 14.13% as of today's recent price of $18.05.

Hanesbrands Inc share prices have moved between a 52-week high of $28.24 and a 52-week low of $17.94 and are now trading 1% above that low price at $18.05 per share. The 200-day and 50-day moving averages have moved 0.38% lower and 0.49% higher over the past week, respectively.

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 changes in momentum for shares of Hanesbrands Inc.

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