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Bullish Moving Average Cross by DeVry (DV)

By Nick Russo

Today, shares of DeVry (NYSE:DV) have advanced above their 10-day MA of $22.45 on a volume of 781K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of DeVry have traded between a low of $15.36 and a high of $34.18 and are now at $23.84, which is 55% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 1.3%.

SmarTrend recommended that subscribers consider buying shares of DeVry on July 8th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $19.76. Since that recommendation, shares of DeVry have risen 11.0%. We continue to monitor DV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses DeVry

Ticker(s): DV