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Exelon Crosses Below its 10-day MA (EXC)

By Amy Schwartz

Exelon (NYSE:EXC) crossed under its 10-day moving average of $33.06 on a volume of 917K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower 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 $32.64, 30% above that low price. The 200-day and 50-day moving averages have moved 0.12% higher and 0.86% higher over the past week, respectively.

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

Keywords: moving crosses exelon

Ticker(s): EXC