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EI Du Pont de Nemours Crosses Below its 10-day MA (DD)

By James Quinn

EI Du Pont de Nemours (NYSE:DD) crossed under its 10-day moving average of $80.00 on a volume of 331K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, EI Du Pont de Nemours share prices have been bracketed by a low of $47.11 and a high of $82.37 and are now at $79.89, 70% above that low price. Over the last five market days, 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 January 26th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $77.38. Since that recommendation, shares of EI Du Pont de Nemours have risen 3.7%. 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

Ticker(s): DD