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Dillard's Crosses Above its 10-day MA (DDS)

By David Diaz

Today, shares of Dillard's (NYSE:DDS) have advanced above their 10-day MA of $49.85 on a volume of 104K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Dillard's has traded in a range of $46.56 to $133.92 and is now at $50.06, 8% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Dillard's on February 22nd, 2017 by issuing a Downtrend alert when the shares were trading at $54.85. Since that call, shares of Dillard's have fallen 10.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses dillard's

Ticker(s): DDS