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Bullish Moving Average Cross by General Dynamics (GD)

By Amy Schwartz

General Dynamics (NYSE:GD) crossed over its 10-day moving average of $224.89 on a volume of 135K 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.

In the past 52 weeks, shares of General Dynamics have traded between a low of $132.68 and a high of $230.00 and are now at $226.15, which is 70% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of General Dynamics on December 28th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $203.41. Since that recommendation, shares of General Dynamics have risen 10.4%. We continue to monitor GD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses General Dynamics

Ticker(s): GD