Burlington Stores (BURL) Crossed Above the 20-Day Moving Average: What That Means for Investors
Burlington Stores(BURL) ZACKS·2024-09-06 22:36
Burlington Stores (BURL) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, BURL crossed above the 20-day moving average, suggesting a shortterm bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving ave ...