DISH Network: 52-Week High Recently Eclipsed (DISH)
Shares of DISH Network (NASDAQ:DISH) traded at a new 52-week high today of $37.70. Approximately 663,000 shares have changed hands today, as compared to an average 30-day volume of 3.1 million shares.
There is potential upside of 0.8% for shares of DISH Network based on a current price of $37.50 and an average consensus analyst price target of $37.81. The stock should find initial support at its 50-day moving average (MA) of $32.90 and further support at its 200-day MA of $30.58.
DISH Network share prices have moved between a 52-week high of $37.70 and a 52-week low of $20.89 and are now trading 80% above that low price at $37.50 per share. The 200-day and 50-day moving averages have moved 0.30% higher and 0.74% higher over the past week, respectively.
DISH Network Corp. provides a direct broadcast satellite subscription television service in the United States.
SmarTrend recommended that subscribers consider buying shares of DISH Network on October 11th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.53. Since that recommendation, shares of DISH Network have risen 11.3%. We continue to monitor DISH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: 52 week high/lows Dish Network