• Return to Headlines

Bullish Moving Average Cross by Best Buy Co Inc (BBY)

By Nick Russo

Today, shares of Best Buy Co Inc (NYSE:BBY) have advanced above their 10-day MA of $73.66 on a volume of 492K 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.

Best Buy Co Inc share prices have moved between a 52-week high of $84.37 and a 52-week low of $47.72 and are now trading 57% above that low price at $75.02 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

SmarTrend is tracking the current trend status for Best Buy Co Inc and will alert subscribers who have BBY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses best buy co inc

Ticker(s): BBY