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Big Lots Inc Bearish Moving Average Crossover Alert (BIG)

By David Diaz

Big Lots Inc (NYSE:BIG) crossed under its 10-day moving average of $21.97 on a volume of 212K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Big Lots Inc have traded between a low of $19.83 and a high of $45.13 and are now at $20.98, which is 6% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.3%.

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

Keywords: moving crosses big lots inc

Ticker(s): BIG