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Bullish Moving Average Cross by Bb&T Corp (BBT)

By Nick Russo

Today, shares of Bb&T Corp (NYSE:BBT) have advanced above their 10-day MA of $49.95 on a volume of 1.1 million 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, Bb&T Corp share prices have been bracketed by a low of $40.68 and a high of $53.08 and are now at $50.59, 24% above that low price. The 200-day and 50-day moving averages have moved 0% lower and 0.12% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Bb&T Corp and will alert subscribers who have BBT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses bb&t corp

Ticker(s): BBT