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Dr Pepper Snapple Crosses Below its 10-day MA (DPS)

By James Quinn

Today, shares of Dr Pepper Snapple (NYSE:DPS) have fallen below their 10-day MA of $96.22 on a volume of 130K 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, Dr Pepper Snapple share prices have been bracketed by a low of $72.00 and a high of $98.40 and are now at $96.07, 33% above that low price. The 200-day and 50-day moving averages have moved 0.31% higher and 0.07% higher over the past week, respectively.

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

Keywords: moving crosses Dr Pepper Snapple

Ticker(s): DPS