• Return to Headlines

Blackstone Bearish Moving Average Crossover Alert (BX)

By Shiri Gupta

Blackstone (NYSE:BX) crossed under its 10-day moving average of $26.13 on a volume of 799K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Blackstone share prices have been bracketed by a low of $22.31 and a high of $44.43 and are now at $25.69, 15% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1% while the 50-day MA has advanced 0.3%.

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

Keywords: moving crosses Blackstone

Ticker(s): BX