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Bullish Moving Average Cross by Burlington Store (BURL)

By David Diaz

Today, shares of Burlington Store (NYSE:BURL) have advanced above their 10-day MA of $172.19 on a volume of 120K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Burlington Store share prices have moved between a 52-week high of $180.27 and a 52-week low of $136.30 and are now trading 27% above that low price at $173.31 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

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

Keywords: moving crosses burlington store

Ticker(s): BURL