• Return to Headlines

Dexcom Bullish Moving Average Crossover Alert (DXCM)

By David Diaz

Dexcom (NASDAQ:DXCM) shares have crossed bullishly above their 10-day moving average of $86.68 on a volume of 104K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Dexcom has traded in a range of $42.62 to $96.38 and is now at $86.98, 104% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 2.0%.

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 $55.51. Since that recommendation, shares of Dexcom have risen 55.5%. 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