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BE Aerospace Crosses Above its 10-day MA (BEAV)

By David Diaz

BE Aerospace (NASDAQ:BEAV) shares have crossed bullishly above their 10-day moving average of $49.21 on a volume of 118K 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.

BE Aerospace share prices have moved between a 52-week high of $61.76 and a 52-week low of $36.38 and are now trading 36% above that low price at $49.55 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has slid 0.3%.

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

Keywords: moving crosses BE Aerospace

Ticker(s): BEAV