• Return to Headlines

Dish Network-A Crosses Below its 10-day MA (DISH)

By Nick Russo

Today, shares of Dish Network-A (NASDAQ:DISH) have crossed bearishly below their 10-day moving average of $34.55 on a volume of 187K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Dish Network-A share prices have moved between a 52-week high of $49.78 and a 52-week low of $23.22 and are now trading 47% above that low price at $34.05 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

SmarTrend recommended that subscribers consider buying shares of Dish Network-A on January 4th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $27.53. Since that recommendation, shares of Dish Network-A have risen 26.1%. We continue to monitor DISH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses dish network-a

Ticker(s): DISH