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

By Shiri Gupta

Today, shares of Bed Bath &Beyond (NASDAQ:BBBY) have fallen below their 10-day MA of $13.75 on a volume of 1.2 million 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, Bed Bath &Beyond share prices have been bracketed by a low of $7.31 and a high of $19.57 and are now at $13.60, 86% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 4.0% while the 200-day MA has risen 0.2%.

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