• Return to Headlines

Douglas Emmett Bearish Moving Average Crossover Alert (DEI)

By Amy Schwartz

Today, shares of Douglas Emmett (NYSE:DEI) have crossed bearishly below their 10-day moving average of $36.45 on a volume of 236K 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.

In the past 52 weeks, Douglas Emmett share prices have been bracketed by a low of $33.20 and a high of $41.59 and are now at $35.98, 8% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.8%.

SmarTrend is monitoring the recent change of momentum in Douglas Emmett. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Douglas Emmett in search of a potential trend change.

Keywords: moving crosses douglas emmett

Ticker(s): DEI