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Bullish Moving Average Cross by Burlington Store (BURL)

By James Quinn

Today, shares of Burlington Store (NYSE:BURL) have advanced above their 10-day MA of $155.09 on a volume of 122K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Burlington Store share prices have been bracketed by a low of $105.67 and a high of $250.89 and are now at $155.76, 47% 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 3.6%.

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

Keywords: moving crosses burlington store

Ticker(s): BURL