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Bed Bath &Beyond Up on Heavy Volume in Possible Trend Reversal (BBBY)

By David Diaz

Shares of Bed Bath &Beyond are trading today in above average volume, with the share price rising 27.3% to $12.65. Today's volume of 16.6 million shares tops the average 30-day volume of 7.2 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is tracking the current trend status for Bed Bath &Beyond and will alert subscribers who have BBBY in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Bed Bath &Beyond has traded in a range of $7.31 to $19.57 and is now at $12.65, 73% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has slid 0.2%.

Keywords: unusual volume bed bath &beyond

Ticker(s): BBBY