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Boston Properties Crosses Above its 10-day MA (BXP)

By Nick Russo

Boston Properties (NYSE:BXP) shares have crossed bullishly above their 10-day moving average of $127.49 on a volume of 105K 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, Boston Properties share prices have been bracketed by a low of $94.91 and a high of $135.49 and are now at $128.45, 35% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.1%.

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

Keywords: moving crosses boston properties

Ticker(s): BXP