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

By Amy Schwartz

Brinker Intl (NYSE:EAT) crossed over its 10-day moving average of $38.24 on a volume of 136K 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, shares of Brinker Intl have traded between a low of $29.50 and a high of $55.84 and are now at $38.92, which is 32% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.5%.

SmarTrend is monitoring the recent change of momentum in Brinker Intl. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Brinker Intl in search of a potential trend change.

Keywords: moving crosses brinker intl

Ticker(s): EAT