Hershey Breaks Above 200-Day Moving Average - Bullish for HSY
In trading on Friday, shares of Hershey Company (Symbol: HSY) crossed above their 200 day moving average of $97.95, changing hands as high as $98.26 per share. Hershey Company shares are currently trading up about 1% on the day. The chart below shows the one year performance of HSY shares, versus its 200 day moving average:
Looking at the chart above, HSY's low point in its 52 week range is $85.14 per share, with $108.69 as the 52 week high point - that compares with a last trade of $98.02.
According to the ETF Finder at ETF Channel, HSY makes up 2.34% of the PowerShares DWA Consumer Staples Momentum Portfolio ETF (Symbol: PSL) which is trading up by about 0.3% on the day Friday.