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Burlington Store Bullish Moving Average Crossover Alert (BURL)

By Amy Schwartz

Today, shares of Burlington Store (NYSE:BURL) have advanced above their 10-day MA of $164.37 on a volume of 124K 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.

Over the past year, Burlington Store has traded in a range of $134.59 to $180.27 and is now at $164.60, 22% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.4%.

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