Shares of DISH Network (NASDAQ:DISH) traded today at $37.30, breaking its 52-week high. Approximately 3 million shares have changed hands today, as compared to an average 30-day volume of 3.1 million shares.
DISH Network Corp. provides a direct broadcast satellite subscription television service in the United States.
In the past 52 weeks, DISH Network share prices have been bracketed by a low of $20.89 and a high of $37.30 and are now at $36.44, 74% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.
Potential upside of 3.8% exists for DISH Network, based on a current level of $36.44 and analysts' average consensus price target of $37.81. The stock should discover initial support at its 50-day moving average (MA) of $32.90 and subsequent support at its 200-day MA of $30.58.
