Buffalo Wild Wings Bearish Moving Average Crossover Alert (BWLD)
Today, shares of Buffalo Wild Wings (NASDAQ:BWLD) have fallen below their 10-day MA of $140.26 on a volume of 126K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, Buffalo Wild Wings has traded in a range of $122.25 to $205.83 and is now at $138.60, 13% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1.1%.
SmarTrend recommended that its subscribers protect gains by selling shares of Buffalo Wild Wings on September 14th, 2016 by issuing a Downtrend alert when the shares were trading at $158.71. Since that call, shares of Buffalo Wild Wings have fallen 11.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses buffalo wild wings