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Bullish Moving Average Cross by BCE Inc (BCE)

By David Diaz

BCE Inc (NYSE:BCE) shares have crossed bullishly above their 10-day moving average of $46.44 on a volume of 128K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

BCE Inc share prices have moved between a 52-week high of $53.75 and a 52-week low of $35.96 and are now trading 30% above that low price at $46.69 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

SmarTrend recommended that subscribers consider buying shares of BCE Inc on February 29th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $43.15. Since that recommendation, shares of BCE Inc have risen 6.9%. We continue to monitor BCE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses bce inc

Ticker(s): BCE