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Dexcom Crosses Above its 10-day MA (DXCM)

By Amy Schwartz

Dexcom (NASDAQ:DXCM) crossed over its 10-day moving average of $263.51 on a volume of 127K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Dexcom share prices have been bracketed by a low of $57.68 and a high of $306.71 and are now at $264.88, 359% above that low price. The 200-day and 50-day moving averages have moved 0.80% higher and 0.54% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Dexcom on March 25th, 2020 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $245.51. Since that recommendation, shares of Dexcom have risen 5.1%. We continue to monitor DXCM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses dexcom

Ticker(s): DXCM