• Return to Headlines

Best Buy Co Inc Bullish Moving Average Crossover Alert (BBY)

By James Quinn

Best Buy Co Inc (NYSE:BBY) crossed over its 10-day moving average of $67.23 on a volume of 264K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Best Buy Co Inc share prices have moved between a 52-week high of $84.37 and a 52-week low of $47.72 and are now trading 42% above that low price at $67.73 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.3%.

SmarTrend is tracking the current trend status for Best Buy Co Inc and will alert subscribers who have BBY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses best buy co inc

Ticker(s): BBY