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Dycom Inds Bearish Moving Average Crossover Alert (DY)

By David Diaz

Today, shares of Dycom Inds (NYSE:DY) have fallen below their 10-day MA of $111.45 on a volume of 2.1 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Dycom Inds has traded in a range of $73.95 to $123.99 and is now at $99.42, 34% above that low. The 200-day and 50-day moving averages have moved 0.40% higher and 0.24% higher over the past week, respectively.

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

Keywords: moving crosses dycom inds

Ticker(s): DY