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Dominion Resources Bullish Moving Average Crossover Alert (D)

By James Quinn

Today, shares of Dominion Resources (NYSE:D) have advanced above their 10-day MA of $77.71 on a volume of 615K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Dominion Resources share prices have been bracketed by a low of $64.54 and a high of $79.36 and are now at $78.03, 21% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Dominion Resources and will alert subscribers who have D in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses dominion resources

Ticker(s): D