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Bed Bath & Beyond Bullish Moving Average Crossover Alert (BBBY)

By James Quinn

Today, shares of Bed Bath & Beyond (NASDAQ:BBBY) have crossed bullishly above their 10-day moving average of $48.32 on a volume of 202K 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, Bed Bath & Beyond share prices have been bracketed by a low of $41.26 and a high of $74.21 and are now at $48.75, 18% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.7%.

SmarTrend is tracking the current trend status for Bed Bath & Beyond and will alert subscribers who have BBBY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses bed bath & beyond

Ticker(s): BBBY