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Bullish Moving Average Cross by Discovery Comm-C (DISCK)

By James Quinn

Today, shares of Discovery Comm-C (NASDAQ:DISCK) have advanced above their 10-day MA of $25.69 on a volume of 247K 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, Discovery Comm-C share prices have been bracketed by a low of $19.25 and a high of $31.55 and are now at $26.25, 36% above that low price. The 200-day and 50-day moving averages have moved 0.20% higher and 0.44% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Discovery Comm-C and will alert subscribers who have DISCK in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses discovery comm-c

Ticker(s): DISCK