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British American Tobacco Bullish Moving Average Crossover Alert (BTI)

By Amy Schwartz

British American Tobacco (AMEX:BTI) crossed over its 10-day moving average of $121.59 on a volume of 163K shares. Swing traders may find 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 British American Tobacco have traded between a low of $99.81 and a high of $127.17 and are now at $122.72, which is 23% above that low price. The 200-day and 50-day moving averages have moved 0.13% higher and 0.88% higher over the past week, respectively.

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

Keywords: moving crosses amex:bti british american tobacco

Ticker(s): BTI