The intraday price for Huntington Ingalls Industries has moved below its 200 period 30 minute moving average of 39.28. HII is around 39.13 bucks now. Going below the moving average deepens the negative trend.

The price is already below support of $40.12.

Other stocks to watch – these have a positive correlation with Huntington Ingalls Industries:

Irish Investment Fund (IRL) with a correlation of 100%

Macquarie Global Infrastructure Total Return Fun (MGU) with a correlation of 100%

Royce Micro-Cap Trust (RMT) with a correlation of 100%

Sensient Technologies Corp. (SXT) with a correlation of 100%

Tennant Company (TNC) with a correlation of 100%

For the math geeks and quants – the most recent Slope: -0.84 Intercept: 40.12 close: 39.13