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Darden Restauran Bullish Moving Average Crossover Alert (DRI)

By Nick Russo

Today, shares of Darden Restauran (NYSE:DRI) have crossed bullishly above their 10-day moving average of $120.22 on a volume of 107K 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 Darden Restauran have traded between a low of $84.37 and a high of $124.00 and are now at $120.78, which is 43% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.9%.

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

Keywords: moving crosses darden restauran

Ticker(s): DRI