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Dover Bearish Moving Average Crossover Alert (DOV)

By Shiri Gupta

Dover (NYSE:DOV) crossed under its 10-day moving average of $82.07 on a volume of 121K 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, shares of Dover have traded between a low of $50.91 and a high of $84.40 and are now at $81.72, which is 61% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

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

Keywords: moving crosses dover

Ticker(s): DOV