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Bearish Moving Average Cross by Dean Foods Co (DF)

By David Diaz

Today, shares of Dean Foods Co (NYSE:DF) have fallen below their 10-day MA of $8.76 on a volume of 972K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Dean Foods Co share prices have been bracketed by a current low of $8.15 and a high of $22.31 and are now at $8.25. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Dean Foods Co on February 5th, 2018 by issuing a Downtrend alert when the shares were trading at $9.57. Since that call, shares of Dean Foods Co have fallen 6.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses dean foods co

Ticker(s): DF