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Bullish Moving Average Cross by Cracker Barrel (CBRL)

By Amy Schwartz

Cracker Barrel (NASDAQ:CBRL) shares have crossed bullishly above their 10-day moving average of $165.00 on a volume of 672K 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.

Cracker Barrel share prices have moved between a 52-week high of $185.00 and a 52-week low of $141.63 and are now trading 21% above that low price at $171.53 per share. The 200-day and 50-day moving averages have moved 0.14% lower and 0.43% lower over the past week, respectively.

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

Keywords: moving crosses cracker barrel

Ticker(s): CBRL