DISH Network Corporation (DISH) Shares are Up 6.02%

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 0.83% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.49%, 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 6.02% in the last 1 week, and is up 0.7% 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 2.18% and the 50-Day Moving Average is 0.54%.The 200 Day SMA reached 1.48%. Dish Network Corp. has dropped 5.55% during the last 3-month period . Year-to-Date the stock performance stands at -9.44%.


DISH Network Corporation (NASDAQ:DISH): After opening at $50.98, the stock dipped to an intraday low of $50.71 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $52 and the buying power remained strong till the end. The stock closed at $51.78 for the day, a gain of 2.21% for the day session. The total traded volume was 1,868,491. The stocks close on the previous trading day was $50.66.

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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