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Digital Realty Trust Crosses Above its 10-day MA (DLR)

By Shiri Gupta

Digital Realty Trust (NYSE:DLR) crossed over its 10-day moving average of $102.59 on a volume of 136K 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.

In the past 52 weeks, shares of Digital Realty Trust have traded between a low of $60.66 and a high of $113.21 and are now at $103.02, which is 70% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Digital Realty Trust on July 18th, 2016 by issuing a Downtrend alert when the shares were trading at $106.14. Since that call, shares of Digital Realty Trust have fallen 4.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses digital realty trust

Ticker(s): DLR