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Bill Barrett Crosses Above its 10-day MA (BBG)

By Shiri Gupta

Bill Barrett (NYSE:BBG) shares have crossed bullishly above their 10-day moving average of $7.34 on a volume of 394K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Bill Barrett has traded in a range of $2.19 to $11.02 and is now at $7.48, 242% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 6.0%.

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

Keywords: moving crosses bill barrett

Ticker(s): BBG