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Exelon Crosses Above its 10-day MA (EXC)

By Amy Schwartz

Exelon (NYSE:EXC) shares have crossed bullishly above their 10-day moving average of $34.17 on a volume of 708K 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.

In the past 52 weeks, Exelon share prices have been bracketed by a low of $25.09 and a high of $37.70 and are now at $34.28, 37% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Exelon and will alert subscribers who have EXC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses exelon

Ticker(s): EXC