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BB&T Bullish Moving Average Crossover Alert (BBT)

By Shiri Gupta

Today, shares of BB&T (NYSE:BBT) have advanced above their 10-day MA of $36.00 on a volume of 836K 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, BB&T share prices have been bracketed by a low of $29.95 and a high of $41.90 and are now at $36.61, 22% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for BB&T and will alert subscribers who have BBT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses BB&T

Ticker(s): BBT