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Bearish Moving Average Cross by Exelon Corp (EXC)

By Nick Russo

Exelon Corp (NYSE:EXC) shares have crossed bearishly below their 10-day moving average of $50.03 on a volume of 835K 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.

Exelon Corp share prices have moved between a 52-week high of $51.18 and a 52-week low of $39.73 and are now trading 25% above that low price at $49.79 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Exelon Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Exelon Corp in search of a potential trend change.

Keywords: moving crosses exelon corp

Ticker(s): EXC