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DENTSPLY International Bearish Moving Average Crossover Alert (XRAY)

By Shiri Gupta

Today, shares of DENTSPLY International (NASDAQ:XRAY) have crossed bearishly below their 10-day moving average of $64.00 on a volume of 677K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, DENTSPLY International has traded in a range of $49.48 to $65.83 and is now at $63.60, 29% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

SmarTrend recommended that subscribers consider buying shares of DENTSPLY International on February 14th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $59.65. Since that recommendation, shares of DENTSPLY International have risen 9.7%. We continue to monitor XRAY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses dentsply international

Ticker(s): XRAY