Harte-Hanks (HHS) Crossed Above the 20-Day Moving Average: What That Means for Investors

Core Viewpoint - Harte-Hanks (HHS) has reached a significant support level and shows potential for investors from a technical perspective, with a recent breakthrough of the 20-day moving average indicating a short-term bullish trend [1][2] Technical Analysis - HHS broke through the 20-day moving average, which is a popular trading tool that reflects a stock's price over a 20-day period, smoothing out short-term price trends and providing trend reversal signals [1] - A stock price above the 20-day moving average indicates a positive trend, while a price below suggests a downward trend [1] Performance Metrics - Shares of HHS have increased by 7.4% over the past four weeks [2] - HHS is currently rated as a Zacks Rank 1 (Strong Buy), indicating potential for continued price appreciation [2] Earnings Estimates - There have been positive earnings estimate revisions for HHS, with no estimates decreasing in the past two months and two estimates increasing, leading to a rise in the consensus estimate [2] - The combination of the technical indicator and positive earnings revisions suggests that HHS should be considered for a watchlist by investors [2]