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

By James Quinn

Dish Network-A (NASDAQ:DISH) shares have crossed bullishly above their 10-day moving average of $57.33 on a volume of 1.3 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Dish Network-A share prices have been bracketed by a low of $48.51 and a high of $66.50 and are now at $59.02, 22% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Dish Network-A on August 3rd, 2017 by issuing a Downtrend alert when the shares were trading at $62.21. Since that call, shares of Dish Network-A have fallen 8.9%. 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