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Bb&T Corp Crosses Above its 10-day MA (BBT)

By Nick Russo

Today, shares of Bb&T Corp (NYSE:BBT) have crossed bullishly above their 10-day moving average of $51.62 on a volume of 222K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Bb&T Corp has traded in a range of $40.68 to $53.90 and is now at $52.16, 28% above that low. The 200-day and 50-day moving averages have moved 0.36% higher and 0.04% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Bb&T Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Bb&T Corp in search of a potential trend change.

Keywords: moving crosses bb&t corp

Ticker(s): BBT