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Dover Crosses Above its 10-day MA (DOV)

By James Quinn

Dover (NYSE:DOV) crossed over its 10-day moving average of $68.51 on a volume of 418K 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 has traded in a range of $50.91 to $78.21 and is now at $68.71, 35% above that low. The 200-day and 50-day moving averages have moved 0.05% lower and 0.47% higher over the past week, respectively.

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