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Delphi Automotiv Bearish Moving Average Crossover Alert (DLPH)

By Nick Russo

Delphi Automotiv (NYSE:DLPH) shares have crossed bearishly below their 10-day moving average of $19.71 on a volume of 143K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Delphi Automotiv share prices have moved between a 52-week high of $53.78 and a 52-week low of $13.18 and are now trading 48% above that low price at $19.53 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1.6% while the 50-day MA has advanced 1.7%.

SmarTrend recommended that subscribers consider buying shares of Delphi Automotiv on January 8th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $15.79. Since that recommendation, shares of Delphi Automotiv have risen 26.0%. We continue to monitor DLPH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses delphi automotiv

Ticker(s): DLPH