DISH Network Corporation (DISH) Shares are Up 1.61%

DISH Network Corporation (DISH) : Traders are bullish on DISH Network Corporation (DISH) as it has outperformed the S&P 500 by a wide margin of 6.37% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.45%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.61% in the last 1 week, and is up 5.79% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 4.94% and the 50-Day Moving Average is 6.03%.The 200 Day SMA reached 9.31%


DISH Network Corporation (NASDAQ:DISH): The stock opened in the green at $55.25 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $55.25 and a low of $54.55 for the day. The stock did not find buyers even at the lows and closed at $54.78 recording a loss of -0.47%. 2,249,484 shares exchanged hands during the trading day. The stock had closed at $54.78 in the previous days trading.

DISH Network Corporation (DISH) stock is expected to deviate a maximum of $16.42 from the average target price of $60.17 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $100 and the most muted being $40.

DISH Network Corporation is a holding company. The Company operates through two segments: DISH and Wireless. It offers a range of video services under the DISH brand, with access to a range of channels depending on the level of subscription. Its standard programming packages include programming provided by national broadcast networks, local broadcast networks and national and regional cable networks. It also offers programming packages that include sports channels, movie channels, and Latino and international programming. It also offers wireline voice and broadband services under the dishNET brand as a competitive local exchange carrier to consumers living in a 14 state region in the western United States. The Company also offers Sling TV, a live, linear streaming over-the-top (OTT) service, including 14 channels offered for a monthly subscription. The Company owns a range of wireless spectrum licenses and related assets. It owns 700 MHz Licenses, AWS-4 Licenses and H Block Licenses.

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