Downtrend Call Working As Bed Bath & Beyond Stock Falls 11.1% (BBBY)
SmarTrend identified a Downtrend for Bed Bath & Beyond (NASDAQ:BBBY) on September 21st, 2012 at $62.18. In approximately 3 months, Bed Bath & Beyond has returned 11.14% as of today's recent price of $55.25.
In the past 52 weeks, shares of Bed Bath & Beyond have traded between a low of $54.33 and a high of $75.84 and are now at $55.45, which is 2% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has slid 0.2%.
Bed Bath & Beyond Inc. operates a nationwide chain of retail stores. The Company, through its retail stores, sells a wide assortment of merchandise principally including domestics merchandise and home furnishings as well as food, giftware, health and beauty care items and infant and toddler merchandise.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Bed Bath & Beyond.
Log in and add Bed Bath & Beyond (BBBY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Keywords: spotlights bed bath & beyond