BancorpSouth Crosses Above its 10-day MA (BXS)
Today, shares of BancorpSouth (NYSE:BXS) have advanced above their 10-day MA of $21.95 on a volume of 534K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of BancorpSouth have traded between a low of $18.69 and a high of $27.23 and are now at $22.72, which is 22% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has slid 0.3%.
SmarTrend is tracking the current trend status for BancorpSouth and will alert subscribers who have BXS in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses bancorpsouth