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Bristol-Myer Sqb Crosses Above its 10-day MA (BMY)

By Amy Schwartz

Bristol-Myer Sqb (NYSE:BMY) crossed over its 10-day moving average of $46.38 on a volume of 3.0 million 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.

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 $46.56, which is 5% above that low price. The 200-day and 50-day moving averages have moved 0.39% lower and 0.54% lower over the past week, respectively.

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