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Dish Network-A Bearish Moving Average Crossover Alert (DISH)

By David Diaz

Today, shares of Dish Network-A (NASDAQ:DISH) have fallen below their 10-day MA of $32.13 on a volume of 321K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Dish Network-A have traded between a low of $23.22 and a high of $44.69 and are now at $31.59, which is 36% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Dish Network-A on July 30th, 2019 by issuing a Downtrend alert when the shares were trading at $36.64. Since that call, shares of Dish Network-A have fallen 12.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses dish network-a

Ticker(s): DISH