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Brinker International Crosses Above its 10-day MA (EAT)

By James Quinn

Today, shares of Brinker International (NYSE:EAT) have crossed bullishly above their 10-day moving average of $45.52 on a volume of 195K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Brinker International has traded in a range of $43.20 to $60.34 and is now at $45.77, 6% above that low. The 200-day and 50-day moving averages have moved 0.45% lower and 0.48% lower over the past week, respectively.

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

Keywords: moving crosses Brinker International

Ticker(s): EAT