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

By James Quinn

Today, shares of Dish Network-A (NASDAQ:DISH) have crossed bearishly below their 10-day moving average of $38.45 on a volume of 481K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Dish Network-A has traded in a range of $23.22 to $40.09 and is now at $37.89, 63% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.2%.

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 40.2%. 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