• Return to Headlines

Dexcom Bearish Moving Average Crossover Alert (DXCM)

By Amy Schwartz

Dexcom (NASDAQ:DXCM) shares have crossed bearishly below their 10-day moving average of $99.34 on a volume of 210K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Dexcom have traded between a low of $42.62 and a high of $102.10 and are now at $95.95, which is 125% above that low price. The 200-day and 50-day moving averages have moved 0.99% higher and 3.51% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Dexcom on November 24th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $55.50. Since that recommendation, shares of Dexcom have risen 79.4%. We continue to monitor DXCM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses dexcom

Ticker(s): DXCM