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Cracker Barrel Bullish Moving Average Crossover Alert (CBRL)

By Amy Schwartz

Cracker Barrel (NASDAQ:CBRL) shares have crossed bullishly above their 10-day moving average of $154.38 on a volume of 103K 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 Cracker Barrel have traded between a low of $141.63 and a high of $185.00 and are now at $155.22, which is 10% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.8%.

SmarTrend is tracking the current trend status for Cracker Barrel and will alert subscribers who have CBRL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses cracker barrel

Ticker(s): CBRL