Bullish Moving Average Cross by Dynegy (DYN)
Today, shares of Dynegy (NYSE:DYN) have advanced above their 10-day MA of $12.77 on a volume of 673K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
Dynegy share prices have moved between a 52-week high of $34.65 and a 52-week low of $7.20 and are now trading 80% above that low price at $12.98 per share. Over the past week, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has advanced 5.8%.
SmarTrend is tracking the current trend status for Dynegy and will alert subscribers who have DYN in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses dynegy