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Bullish Moving Average Cross by Barnes & Noble (BKS)

By James Quinn

Today, shares of Barnes & Noble (NYSE:BKS) have crossed bullishly above their 10-day moving average of $22.34 on a volume of 184K 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.

In the past 52 weeks, Barnes & Noble share prices have been bracketed by a low of $15.67 and a high of $26.22 and are now at $22.48, 43% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.7%.

SmarTrend is tracking the current trend status for Barnes & Noble and will alert subscribers who have BKS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Barnes & Noble

Ticker(s): BKS