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Ball Bearish Moving Average Crossover Alert (BLL)

By David Diaz

Ball (NYSE:BLL) crossed under its 10-day moving average of $79.70 on a volume of 201K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Ball have traded between a low of $57.95 and a high of $81.25 and are now at $79.01, which is 36% above that low price. The 200-day and 50-day moving averages have moved 0.04% higher and 0.63% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Ball on August 4th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $76.66. Since that recommendation, shares of Ball have risen 4.5%. We continue to monitor BLL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses ball

Ticker(s): BLL