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Barnes & Noble Bullish Moving Average Crossover Alert (BKS)

By Shiri Gupta

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

Ticker(s): BKS