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Halliburton Co Crosses Above its 10-day MA (HAL)

By Shiri Gupta

Today, shares of Halliburton Co (NYSE:HAL) have advanced above their 10-day MA of $31.34 on a volume of 4.5 million 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.

Over the past year, Halliburton Co has traded in a range of $24.70 to $54.91 and is now at $31.87, 29% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 0.2%.

SmarTrend is tracking the current trend status for Halliburton Co and will alert subscribers who have HAL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses halliburton co

Ticker(s): HAL