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Bearish Moving Average Cross by Dr Pepper Snapple (DPS)

By Amy Schwartz

Dr Pepper Snapple (NYSE:DPS) shares have crossed bearishly below their 10-day moving average of $92.90 on a volume of 192K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Dr Pepper Snapple share prices have moved between a 52-week high of $99.47 and a 52-week low of $72.00 and are now trading 28% above that low price at $92.43 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Dr Pepper Snapple and will alert subscribers who have DPS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Dr Pepper Snapple

Ticker(s): DPS