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Bullish Moving Average Cross by CR Bard (BCR)

By Amy Schwartz

CR Bard (NYSE:BCR) crossed over its 10-day moving average of $308.40 on a volume of 202K 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.

CR Bard share prices have moved between a 52-week high of $311.51 and a 52-week low of $166.29 and are now trading 87% above that low price at $311.27 per share. The 200-day and 50-day moving averages have moved 0.37% higher and 0.94% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of CR Bard on December 23rd, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $222.45. Since that recommendation, shares of CR Bard have risen 38.2%. We continue to monitor BCR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses cr bard

Ticker(s): BCR