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Delek Us Holding Crosses Above its 10-day MA (DK)

By Amy Schwartz

Today, shares of Delek Us Holding (NYSE:DK) have advanced above their 10-day MA of $36.95 on a volume of 200K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Delek Us Holding has traded in a range of $29.51 to $49.24 and is now at $37.31, 26% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1%.

SmarTrend recommended that subscribers consider buying shares of Delek Us Holding on September 5th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $34.94. Since that recommendation, shares of Delek Us Holding have risen 5.3%. We continue to monitor DK for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses delek us holding

Ticker(s): DK