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Bullish Moving Average Cross by General Dynamics (GD)

By James Quinn

Today, shares of General Dynamics (NYSE:GD) have advanced above their 10-day MA of $188.57 on a volume of 595K 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, General Dynamics share prices have been bracketed by a low of $184.21 and a high of $230.00 and are now at $191.54, 4% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of General Dynamics on June 15th, 2018 by issuing a Downtrend alert when the shares were trading at $194.62. Since that call, shares of General Dynamics have fallen 3.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses General Dynamics

Ticker(s): GD