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Bullish Moving Average Cross by Delek Us Holding (DK)

By James Quinn

Delek Us Holding (NYSE:DK) crossed over its 10-day moving average of $37.87 on a volume of 124K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Delek Us Holding have traded between a low of $29.51 and a high of $61.57 and are now at $38.37, which is 30% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.9%.

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

Keywords: moving crosses delek us holding

Ticker(s): DK