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Watch for Continued Losses in Shares of Dice Holdings (DHX)

By Nick Russo

Dice Holdings (NYSE:DHX) traded today at a new 52-week low of $6.58. Approximately 131,000 shares have changed hands today, as compared to an average 30-day volume of 237,000 shares.

Dice Holdings share prices have moved between a 52-week high of $10.48 and the current low of $6.58 and are currently at $6.69 per share. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.6%.

Dice Holdings (NYSE:DHX) has potential upside of 42.0% based on a current price of $6.69 and analysts' consensus price target of $9.50. The stock should run into initial resistance at its 50-day moving average (MA) of $7.82 and subsequent resistance at its 200-day MA of $8.28.

Dice Holdings Inc is a provider that specialize in career sites and career fairs for high growth vertical sectors. The Company provides services to help recruiters, consultants and businesses hire and train highly qualified professionals.

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

Keywords: 52 week high/lows dice holdings

Ticker(s): DHX