Herbalife LTD. (HLF) : Traders are bullish on Herbalife LTD. (HLF) as it has outperformed the S&P 500 by a wide margin of 1.59% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.07%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.24% in the last 1 week, and is up 1.04% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 0.82% and the 50-Day Moving Average is 2.54%.The 200 Day SMA reached 6.75%
Herbalife LTD. (NYSE:HLF): After opening at $61.5, the stock dipped to an intraday low of $61.16 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $62.35 and the buying power remained strong till the end. The stock closed at $61.99 for the day, a gain of 0.80% for the day session. The total traded volume was 1,156,180. The stocks close on the previous trading day was $61.99.
Herbalife Ltd. is a holding company. The Company is a global nutrition company that develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. The Companys products are often sold as part of a program. The Company categorizes its products into five groups: weight management, which includes meal replacement, protein shakes, drink mixes, weight loss enhancers and healthy snacks; targeted nutrition, dietary and nutritional supplements containing quality herbs, vitamins, minerals and other natural ingredients; energy, sports & fitness, consists of products that support a healthy active lifestyle; outer nutrition, consists of facial skin care, body care, and hair care products, and literature, promotional and other, includes Start-up kits, sales tools, and educational materials. As of December 31, 2014, the Company sold its products in 91 countries.