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Boyd Gaming Corp Crosses Above its 10-day MA (BYD)

By David Diaz

Today, shares of Boyd Gaming Corp (NYSE:BYD) have crossed bullishly above their 10-day moving average of $28.03 on a volume of 150K 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, Boyd Gaming Corp share prices have been bracketed by a low of $18.98 and a high of $39.35 and are now at $28.27, 49% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 0.5%.

SmarTrend recommended that subscribers consider buying shares of Boyd Gaming Corp on January 7th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $22.75. Since that recommendation, shares of Boyd Gaming Corp have risen 21.5%. We continue to monitor BYD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses boyd gaming corp

Ticker(s): BYD