Donaldson Crosses Above its 10-day MA (DCI)
Donaldson (NYSE:DCI) crossed over its 10-day moving average of $32.51 on a volume of 129K 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.
Donaldson share prices have moved between a 52-week high of $37.22 and a 52-week low of $25.21 and are now trading 30% above that low price at $32.89 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for Donaldson and will alert subscribers who have DCI in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses donaldson