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Dover Corp Bullish Moving Average Crossover Alert (DOV)

By David Diaz

Dover Corp (NYSE:DOV) shares have crossed bullishly above their 10-day moving average of $73.45 on a volume of 187K 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.

Over the past year, Dover Corp has traded in a range of $71.71 to $109.06 and is now at $73.97, 3% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.5% while the 200-day MA has slid 0.3%.

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

Keywords: moving crosses dover corp

Ticker(s): DOV