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Berry Global Gro Crosses Above its 10-day MA (BERY)

By James Quinn

Today, shares of Berry Global Gro (NYSE:BERY) have advanced above their 10-day MA of $40.21 on a volume of 189K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Berry Global Gro share prices have been bracketed by a low of $38.60 and a high of $59.16 and are now at $40.66, 5% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Berry Global Gro on August 1st, 2019 by issuing a Downtrend alert when the shares were trading at $44.57. Since that call, shares of Berry Global Gro have fallen 10.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses berry global gro

Ticker(s): BERY