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

By Shiri Gupta

Today, shares of Bb&T Corp (NYSE:BBT) have crossed bearishly below their 10-day moving average of $51.33 on a volume of 570K shares. Swing traders may find an opportunity 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 $43.03 and a high of $56.31 and are now at $50.86, which is 18% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has risen 0.3%.

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