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Bullish Moving Average Cross by Builders Firstso (BLDR)

By Amy Schwartz

Today, shares of Builders Firstso (NASDAQ:BLDR) have advanced above their 10-day MA of $19.32 on a volume of 166K 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.

In the past 52 weeks, shares of Builders Firstso have traded between a low of $10.15 and a high of $20.28 and are now at $19.45, which is 92% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.5%.

SmarTrend recommended that subscribers consider buying shares of Builders Firstso on June 27th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $15.84. Since that recommendation, shares of Builders Firstso have risen 20.7%. We continue to monitor BLDR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses builders firstso

Ticker(s): BLDR