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Burlington Store Bullish Moving Average Crossover Alert (BURL)

By Amy Schwartz

Burlington Store (NYSE:BURL) shares have crossed bullishly above their 10-day moving average of $197.25 on a volume of 310K 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 Burlington Store have traded between a low of $136.30 and a high of $209.36 and are now at $200.23, which is 47% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.5%.

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