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DeVry Bullish Moving Average Crossover Alert (DV)

By Shiri Gupta

Today, shares of DeVry (NYSE:DV) have advanced above their 10-day MA of $22.77 on a volume of 233K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, DeVry share prices have been bracketed by a low of $15.36 and a high of $34.18 and are now at $23.17, 51% above that low price. The 200-day and 50-day moving averages have moved 1.27% lower and 0.63% lower over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of DeVry on July 8th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $19.76. Since that recommendation, shares of DeVry have risen 14.2%. We continue to monitor DV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses DeVry

Ticker(s): DV