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BJ's Restaurants Crosses Below its 10-day MA (BJRI)

By Amy Schwartz

Today, shares of BJ's Restaurants (NASDAQ:BJRI) have fallen below their 10-day MA of $44.00 on a volume of 166K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of BJ's Restaurants have traded between a low of $38.49 and a high of $52.37 and are now at $41.93, which is 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.2%.

SmarTrend is tracking the current trend status for BJ's Restaurants and will alert subscribers who have BJRI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses bj's restaurants

Ticker(s): BJRI