DeVry Crosses Above its 10-day MA (DV)
DeVry (NYSE:DV) shares have crossed bullishly above their 10-day moving average of $16.86 on a volume of 144K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Over the past year, DeVry has traded in a range of $15.36 to $34.18 and is now at $16.97, 10% above that low. 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 its subscribers protect gains by selling shares of DeVry on March 24th, 2016 by issuing a Downtrend alert when the shares were trading at $18.06. Since that call, shares of DeVry have fallen 7.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses DeVry