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Bearish Moving Average Cross by Dunkin' Brands G (DNKN)

By James Quinn

Today, shares of Dunkin' Brands G (NASDAQ:DNKN) have fallen below their 10-day MA of $59.57 on a volume of 262K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Dunkin' Brands G share prices have been bracketed by a low of $41.29 and a high of $68.45 and are now at $59.14, 43% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has slid 0.4%.

SmarTrend is tracking the current trend status for Dunkin' Brands G and will alert subscribers who have DNKN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses dunkin' brands g

Ticker(s): DNKN