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Bed Bath &Beyond Crosses Above its 10-day MA (BBBY)

By Shiri Gupta

Today, shares of Bed Bath &Beyond (NASDAQ:BBBY) have crossed bullishly above their 10-day moving average of $14.54 on a volume of 18.3 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Bed Bath &Beyond share prices have moved between a 52-week high of $21.76 and a 52-week low of $10.46 and are now trading 67% above that low price at $17.48 per share. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.4%.

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

Keywords: moving crosses bed bath &beyond

Ticker(s): BBBY