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Dana Inc Bearish Moving Average Crossover Alert (DAN)

By Nick Russo

Dana Inc (NYSE:DAN) shares have crossed bearishly below their 10-day moving average of $21.00 on a volume of 375K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Dana Inc have traded between a low of $19.47 and a high of $35.27 and are now at $20.71, which is 6% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1%.

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

Keywords: moving crosses dana inc

Ticker(s): DAN