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Briggs & Strattn Bullish Moving Average Crossover Alert (BGG)

By David Diaz

Today, shares of Briggs & Strattn (NYSE:BGG) have advanced above their 10-day MA of $17.56 on a volume of 187K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Briggs & Strattn share prices have been bracketed by a low of $16.26 and a high of $27.34 and are now at $18.09, 11% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has slid 0.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Briggs & Strattn on February 5th, 2018 by issuing a Downtrend alert when the shares were trading at $22.24. Since that call, shares of Briggs & Strattn have fallen 22.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses briggs & strattn

Ticker(s): BGG