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

By Nick Russo

Bed Bath &Beyond (NASDAQ:BBBY) shares have crossed bearishly below their 10-day moving average of $20.69 on a volume of 16.4 million shares. This may provide short-term investors a chance 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 current low of $17.40 and a high of $48.83 and are now at $17.48. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has slid 0.4%.

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