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Bullish Moving Average Cross by DISH Network (DISH)

By Amy Schwartz

DISH Network (NASDAQ:DISH) shares have crossed bullishly above their 10-day moving average of $55.62 on a volume of 319K 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.

DISH Network share prices have moved between a 52-week high of $76.29 and a 52-week low of $38.85 and are now trading 45% above that low price at $56.40 per share. The 200-day and 50-day moving averages have moved 0.71% lower and 0.14% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of DISH Network on July 22nd, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $53.63. Since that recommendation, shares of DISH Network have risen 3.2%. We continue to monitor DISH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Dish Network

Ticker(s): DISH