Bullish Moving Average Cross by Big Lots (BIG)
Big Lots (NYSE:BIG) shares have crossed bullishly above their 10-day moving average of $49.85 on a volume of 337K 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, Big Lots share prices have been bracketed by a low of $33.78 and a high of $53.35 and are now at $50.76, 50% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has remained constant.
SmarTrend is tracking the current trend status for Big Lots and will alert subscribers who have BIG in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses big lots