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Dover Bearish Moving Average Crossover Alert (DOV)

By Nick Russo

Dover (NYSE:DOV) shares have crossed bearishly below their 10-day moving average of $82.46 on a volume of 303K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Dover share prices have moved between a 52-week high of $84.40 and a 52-week low of $50.91 and are now trading 59% above that low price at $81.14 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

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

Keywords: moving crosses dover

Ticker(s): DOV