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Dexcom Bearish Moving Average Crossover Alert (DXCM)

By Nick Russo

Dexcom (NASDAQ:DXCM) shares have crossed bearishly below their 10-day moving average of $144.61 on a volume of 188K shares. Swing traders may find an opportunity 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 $148.56 and are now at $144.21, which is 238% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 2.2% while the 50-day MA has advanced 3.4%.

SmarTrend recommended that subscribers consider buying shares of Dexcom on August 2nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $120.23. Since that recommendation, shares of Dexcom have risen 20.6%. 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