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Bb&T Corp Bearish Moving Average Crossover Alert (BBT)

By Nick Russo

Today, shares of Bb&T Corp (NYSE:BBT) have fallen below their 10-day MA of $46.12 on a volume of 867K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Bb&T Corp have traded between a low of $32.85 and a high of $49.88 and are now at $45.69, which is 39% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.4%.

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

Keywords: moving crosses bb&t corp

Ticker(s): BBT