Bed Bath & Beyond Crosses Below its 10-day MA (BBBY)
Today, shares of Bed Bath & Beyond (NASDAQ:BBBY) have crossed bearishly below their 10-day moving average of $45.11 on a volume of 316K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Bed Bath & Beyond share prices have moved between a 52-week high of $74.21 and a 52-week low of $41.15 and are now trading 9% above that low price at $44.98 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.8%.
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