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Bearish Moving Average Cross by Exelon Corp (EXC)

By James Quinn

Today, shares of Exelon Corp (NYSE:EXC) have crossed bearishly below their 10-day moving average of $42.13 on a volume of 1.2 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Exelon Corp share prices have been bracketed by a low of $35.57 and a high of $43.20 and are now at $41.81, 18% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.2%.

SmarTrend is tracking the current trend status for Exelon Corp and will alert subscribers who have EXC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses exelon corp

Ticker(s): EXC