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British American Tobacco Bullish Moving Average Crossover Alert (BTI)

By Nick Russo

British American Tobacco (AMEX:BTI) crossed over its 10-day moving average of $68.19 on a volume of 433K 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.

Over the past year, British American Tobacco has traded in a range of $61.32 to $131.34 and is now at $68.56, 12% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for British American Tobacco and will alert subscribers who have BTI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amex:bti british american tobacco

Ticker(s): BTI