SmarTrend Detects Continued Selling Pressure in Shares of H&R Block (HRB)
Tuesday, March 9, 2010 - 11:07
Written on Tue, 03/09/2010 - 11:07am
By Chip Brian

SmarTrend identified a Downtrend for H&R Block (NYSE:HRB) on February 05, 2010 at $20.80. In approximately 1 month, H&R Block has returned 22.2% as of today's recent price of $16.18.
H&R Block is currently below its 50-day moving average of $20.92 and below its 200-day moving average of $18.53. Look for these moving averages to decline to confirm the company's downward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of H&R Block.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): HRB

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