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Exelon Corp Crosses Below its 10-day MA (EXC)

By Shiri Gupta

Exelon Corp (NYSE:EXC) crossed under its 10-day moving average of $44.17 on a volume of 715K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Exelon Corp share prices have moved between a 52-week high of $45.05 and a 52-week low of $35.57 and are now trading 24% above that low price at $43.99 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Exelon Corp on May 31st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $41.32. Since that recommendation, shares of Exelon Corp have risen 7.6%. We continue to monitor EXC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses exelon corp

Ticker(s): EXC