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Bullish Moving Average Cross by Dolby Laborato-A (DLB)

By Shiri Gupta

Today, shares of Dolby Laborato-A (NYSE:DLB) have advanced above their 10-day MA of $64.70 on a volume of 121K 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, Dolby Laborato-A share prices have been bracketed by a low of $58.17 and a high of $72.05 and are now at $65.06, 12% above that low price. The 200-day and 50-day moving averages have moved 0.22% lower and 0.1% lower over the past week, respectively.

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

Keywords: moving crosses dolby laborato-a

Ticker(s): DLB