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Bristow Group Crosses Above its 10-day MA (BRS)

By James Quinn

Today, shares of Bristow Group (NYSE:BRS) have crossed bullishly above their 10-day moving average of $12.10 on a volume of 241K 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.

Bristow Group share prices have moved between a 52-week high of $63.16 and a 52-week low of $10.80 and are now trading 15% above that low price at $12.44 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.8% while the 200-day MA has slid 2.1%.

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

Keywords: moving crosses bristow group

Ticker(s): BRS