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Big Lots Bearish Moving Average Crossover Alert (BIG)

By Shiri Gupta

Today, shares of Big Lots (NYSE:BIG) have crossed bearishly below their 10-day moving average of $49.62 on a volume of 107K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Big Lots has traded in a range of $33.78 to $56.54 and is now at $49.39, 46% above that low. The 200-day and 50-day moving averages have moved 0.12% higher and 1.32% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Big Lots and will alert subscribers who have BIG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses big lots

Ticker(s): BIG