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Dana Inc Crosses Above its 10-day MA (DAN)

By David Diaz

Today, shares of Dana Inc (NYSE:DAN) have crossed bullishly above their 10-day moving average of $26.24 on a volume of 155K 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.

Dana Inc share prices have moved between a 52-week high of $35.27 and a 52-week low of $9.80 and are now trading 169% above that low price at $26.40 per share. The 200-day and 50-day moving averages have moved 0.94% lower and 0.33% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Dana Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Dana Inc in search of a potential trend change.

Keywords: moving crosses dana inc

Ticker(s): DAN