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Bullish Moving Average Cross by Blackstone (BX)

By Amy Schwartz

Today, shares of Blackstone (NYSE:BX) have advanced above their 10-day MA of $29.39 on a volume of 813K 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, Blackstone share prices have been bracketed by a low of $22.31 and a high of $44.43 and are now at $29.55, 32% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 1%.

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

Keywords: moving crosses Blackstone

Ticker(s): BX