EI Du Pont de Nemours Bullish Moving Average Crossover Alert (DD)
Today, shares of EI Du Pont de Nemours (NYSE:DD) have crossed bullishly above their 10-day moving average of $64.76 on a volume of 328K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
EI Du Pont de Nemours share prices have moved between a 52-week high of $75.72 and a 52-week low of $47.11 and are now trading 38% above that low price at $65.24 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.7%.
SmarTrend recommended that subscribers consider buying shares of EI Du Pont de Nemours on February 3rd, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $57.96. Since that recommendation, shares of EI Du Pont de Nemours have risen 11.0%. We continue to monitor DD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses ei du pont de nemours