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Downtrend Call Working As Bed Bath &Beyond Stock Falls 19.5% (BBBY)

By Nick Russo

SmarTrend identified a Downtrend for Bed Bath &Beyond (NASDAQ:BBBY) on January 9th, 2020 at $14.11. In approximately 1 month, Bed Bath &Beyond has returned 19.53% as of today's recent price of $11.35.

Over the past year, Bed Bath &Beyond has traded in a range of $7.31 to $19.57 and is now at $11.35, 55% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has slid 0.6%.

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 domestic 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

Ticker(s): BBBY