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Big Lots Inc Crosses Above its 10-day MA (BIG)

By James Quinn

Big Lots Inc (NYSE:BIG) shares have crossed bullishly above their 10-day moving average of $50.58 on a volume of 117K 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.

Big Lots Inc share prices have moved between a 52-week high of $56.54 and a 52-week low of $42.40 and are now trading 20% above that low price at $50.69 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.3%.

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