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Bristol-Myer Sqb Bearish Moving Average Crossover Alert (BMY)

By Amy Schwartz

Bristol-Myer Sqb (NYSE:BMY) shares have crossed bearishly below their 10-day moving average of $45.84 on a volume of 4.0 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Bristol-Myer Sqb have traded between a low of $44.30 and a high of $63.69 and are now at $44.91, which is 1% 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 remained constant.

SmarTrend is tracking the current trend status for Bristol-Myer Sqb and will alert subscribers who have BMY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses bristol-myer sqb

Ticker(s): BMY