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Bullish Moving Average Cross by Dollar Tree (DLTR)

By James Quinn

Today, shares of Dollar Tree (NASDAQ:DLTR) have crossed bullishly above their 10-day moving average of $78.92 on a volume of 1.1 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Dollar Tree share prices have moved between a 52-week high of $99.93 and a 52-week low of $60.31 and are now trading 32% above that low price at $79.74 per share. The 200-day and 50-day moving averages have moved 0.02% lower and 0.04% lower over the past week, respectively.

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

Keywords: moving crosses Dollar Tree

Ticker(s): DLTR