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Burlington Store Crosses Above its 10-day MA (BURL)

By Nick Russo

Today, shares of Burlington Store (NYSE:BURL) have advanced above their 10-day MA of $146.26 on a volume of 534K 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 $124.38 and a high of $180.27 and are now at $147.53, which is 19% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Burlington Store on February 13th, 2019 by issuing a Downtrend alert when the shares were trading at $163.69. Since that call, shares of Burlington Store have fallen 11.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses burlington store

Ticker(s): BURL