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Big Lots Inc Bullish Moving Average Crossover Alert (BIG)

By James Quinn

Big Lots Inc (NYSE:BIG) shares have crossed bullishly above their 10-day moving average of $37.76 on a volume of 128K 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, shares of Big Lots Inc have traded between a low of $26.21 and a high of $50.35 and are now at $37.92, which is 45% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 1.4%.

SmarTrend recommended that subscribers consider buying shares of Big Lots Inc on February 15th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $32.39. Since that recommendation, shares of Big Lots Inc have risen 16.0%. We continue to monitor BIG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses big lots inc

Ticker(s): BIG