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Douglas Emmett Crosses Above its 10-day MA (DEI)

By Nick Russo

Today, shares of Douglas Emmett (NYSE:DEI) have advanced above their 10-day MA of $38.04 on a volume of 116K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Douglas Emmett have traded between a low of $33.20 and a high of $40.79 and are now at $38.37, which is 16% 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 tracking the current trend status for Douglas Emmett and will alert subscribers who have DEI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses douglas emmett

Ticker(s): DEI