Barnes & Noble Bullish Moving Average Crossover Alert (BKS)
Barnes & Noble (NYSE:BKS) crossed over its 10-day moving average of $15.17 on a volume of 2.6 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Over the past year, Barnes & Noble has traded in a range of $9.35 to $26.00 and is now at $15.60, 67% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for Barnes & Noble and will alert subscribers who have BKS in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Barnes & Noble