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Bullish Moving Average Cross by Hershey Co/The (HSY)

By Amy Schwartz

Hershey Co/The (NYSE:HSY) shares have crossed bullishly above their 10-day moving average of $153.33 on a volume of 139K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Hershey Co/The have traded between a low of $99.15 and a high of $162.20 and are now at $153.60, which is 55% above that low price. The 200-day and 50-day moving averages have moved 0.91% higher and 1.10% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Hershey Co/The. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Hershey Co/The in search of a potential trend change.

Keywords: moving crosses hershey co/the

Ticker(s): HSY