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Discovery Comm-C Bullish Moving Average Crossover Alert (DISCK)

By Shiri Gupta

Discovery Comm-C (NASDAQ:DISCK) shares have crossed bullishly above their 10-day moving average of $27.93 on a volume of 332K 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.

Discovery Comm-C share prices have moved between a 52-week high of $31.55 and a 52-week low of $19.08 and are now trading 48% above that low price at $28.23 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Discovery Comm-C and will alert subscribers who have DISCK in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses discovery comm-c

Ticker(s): DISCK