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Bullish Moving Average Cross by Pbf Energy Inc-A (PBF)

By David Diaz

Today, shares of Pbf Energy Inc-A (NYSE:PBF) have advanced above their 10-day MA of $42.50 on a volume of 307K 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, shares of Pbf Energy Inc-A have traded between a low of $19.46 and a high of $50.99 and are now at $42.65, which is 119% above that low price. The 200-day and 50-day moving averages have moved 0.67% higher and 0.49% higher over the past week, respectively.

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

Keywords: moving crosses pbf energy inc-a

Ticker(s): PBF