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Booz Allen Hamil Bullish Moving Average Crossover Alert (BAH)

By Shiri Gupta

Booz Allen Hamil (NYSE:BAH) shares have crossed bullishly above their 10-day moving average of $64.96 on a volume of 109K 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, Booz Allen Hamil has traded in a range of $42.91 to $66.47 and is now at $65.32, 52% above that low. The 200-day and 50-day moving averages have moved 0.57% higher and 0.94% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Booz Allen Hamil on January 17th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $47.34. Since that recommendation, shares of Booz Allen Hamil have risen 36.9%. We continue to monitor BAH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses booz allen hamil

Ticker(s): BAH