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CR Bard Bullish Moving Average Crossover Alert (BCR)

By Shiri Gupta

CR Bard (NYSE:BCR) crossed over its 10-day moving average of $306.71 on a volume of 170K 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, CR Bard has traded in a range of $166.29 to $308.41 and is now at $307.55, 85% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.4%.

SmarTrend recommended that subscribers consider buying shares of CR Bard on December 23rd, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $222.45. Since that recommendation, shares of CR Bard have risen 37.2%. We continue to monitor BCR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses cr bard

Ticker(s): BCR