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Hp Inc Bullish Moving Average Crossover Alert (HPQ)

By Nick Russo

Today, shares of Hp Inc (NYSE:HPQ) have advanced above their 10-day MA of $15.83 on a volume of 2.4 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.

In the past 52 weeks, Hp Inc share prices have been bracketed by a low of $12.54 and a high of $23.93 and are now at $16.13, 29% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 2%.

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

Keywords: moving crosses hp inc

Ticker(s): HPQ