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Dexcom Bullish Moving Average Crossover Alert (DXCM)

By David Diaz

Dexcom (NASDAQ:DXCM) crossed over its 10-day moving average of $72.58 on a volume of 180K 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, shares of Dexcom have traded between a low of $42.62 and a high of $96.38 and are now at $73.25, which is 72% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has remained constant.

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 30.6%. 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