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Shares of DISH Network Receive a Boost, Up 1.3%

Published on Fri, 01/25/2013 - 11:32
By Peter Chu

DISH Network (NASDAQ:DISH) is one of today's notable stocks on the rise, up 1.3% to $37.09. The Dow is trading fractionally higher to 13,847 and the S&P is currently trading fractionally higher to 1,497.

There is potential upside of 2.3% for shares of DISH Network based on a current price of $37.09 and an average consensus analyst price target of $37.95. The stock should discover initial support at its 50-day moving average (MA) of $36.20 and subsequent support at its 200-day MA of $32.20.

DISH Network Corp. provides a direct broadcast satellite subscription television service in the United States.

DISH Network share prices have moved between a 52-week high of $38.00 and a 52-week low of $20.89 and are now trading 78% above that low price at $37.09 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.

By Peter Chu
pchu@fnno.com