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Bullish Moving Average Cross by Bluebird Bio Inc (BLUE)

By James Quinn

Today, shares of Bluebird Bio Inc (NASDAQ:BLUE) have advanced above their 10-day MA of $44.89 on a volume of 338K 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.

Bluebird Bio Inc share prices have moved between a 52-week high of $162.52 and a 52-week low of $38.95 and are now trading 19% above that low price at $46.54 per share. Over the past week, the 200-day moving average (MA) has gone down 1.6% while the 50-day MA has declined 4.4%.

SmarTrend is tracking the current trend status for Bluebird Bio Inc and will alert subscribers who have BLUE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses bluebird bio inc

Ticker(s): BLUE