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Bullish Moving Average Cross by Discover Financi (DFS)

By Amy Schwartz

Today, shares of Discover Financi (NYSE:DFS) have crossed bullishly above their 10-day moving average of $75.10 on a volume of 277K shares. Swing traders may find 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 Discover Financi have traded between a low of $57.50 and a high of $81.93 and are now at $75.79, which is 32% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

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

Keywords: moving crosses discover financi

Ticker(s): DFS