• Return to Headlines

Bullish Moving Average Cross by Cracker Barrel (CBRL)

By James Quinn

Today, shares of Cracker Barrel (NASDAQ:CBRL) have advanced above their 10-day MA of $162.88 on a volume of 151K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Cracker Barrel have traded between a low of $141.63 and a high of $185.00 and are now at $167.03, which is 18% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Cracker Barrel. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cracker Barrel in search of a potential trend change.

Keywords: moving crosses cracker barrel

Ticker(s): CBRL