Bearish Moving Average Cross by Dean Foods (DF)
Today, shares of Dean Foods (NYSE:DF) have crossed bearishly below their 10-day moving average of $18.33 on a volume of 2.1 million 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.
Over the past year, Dean Foods has traded in a range of $14.56 to $21.17 and is now at $17.55, 21% above that low. The 200-day and 50-day moving averages have moved 0.01% higher and 0.76% lower over the past week, respectively.
SmarTrend is tracking the current trend status for Dean Foods and will alert subscribers who have DF in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Dean Foods