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Bluebird Bio Inc Crosses Above its 10-day MA (BLUE)

By David Diaz

Today, shares of Bluebird Bio Inc (NASDAQ:BLUE) have advanced above their 10-day MA of $84.96 on a volume of 218K 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.

In the past 52 weeks, Bluebird Bio Inc share prices have been bracketed by a low of $79.91 and a high of $163.43 and are now at $87.17, 9% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 3%.

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

Keywords: moving crosses bluebird bio inc

Ticker(s): BLUE