Hasbro Inc (HAS): Price Up $0.5 (0.52)% Over Past Day, Up $1.63 (1.72)% Over Past Hour

The Hourly View for HAS

At the moment, HAS (Get Ratings)’s price is up $1.63 (1.72%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 200 hour moving average, resulting in them so that price is now turning above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

HAS’s Technical Outlook on the Daily Chart

At the time of this writing, HAS’s price is up $0.5 (0.52%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. Regarding the trend, note that the strongest trend exists on the 50 day timeframe. Regarding moving averages, it should first be noted that price has crossed the 20 day moving average, resulting in them with price now being above it. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows HAS’s price action over the past 90 days.

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The post Hasbro Inc (HAS): Price Up $0.5 (0.52)% Over Past Day, Up $1.63 (1.72)% Over Past Hour appeared first on ETF Daily News.