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General Dynamics Crosses Below its 10-day MA (GD)

By David Diaz

General Dynamics (NYSE:GD) crossed under its 10-day moving average of $220.07 on a volume of 434K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

General Dynamics share prices have moved between a 52-week high of $230.00 and a 52-week low of $132.68 and are now trading 64% above that low price at $217.86 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

SmarTrend recommended that subscribers consider buying shares of General Dynamics on December 28th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $203.41. Since that recommendation, shares of General Dynamics have risen 8.3%. We continue to monitor GD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses General Dynamics

Ticker(s): GD