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HBI Makes Notable Cross Below Critical Moving Average

By Dividend Channel Staff, Saturday, July 17, 9:31 AM ET
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In trading on Friday, shares of HanesBrands Inc (NYSE:HBI) crossed below their 200 day moving average of $17.52, changing hands as low as $17.42 per share. HanesBrands Inc shares are currently trading down about 3% on the day. The chart below shows the one year performance of HBI shares, versus its 200 day moving average:

HanesBrands Inc 200 Day Moving Average Chart

Looking at the chart above, HBI's low point in its 52 week range is $12.28 per share, with $22.815 as the 52 week high point — that compares with a last trade of $17.43. The HBI DMA information above was sourced from TechnicalAnalysisChannel.com


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