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Mar 14 – Mar 20, 2011 Edition Barnes And Noble Stock His New Low
NEW YORK, NY/ AUTHORLINK NEWS, via SmarTrend(R)/Comtext/March 11, 2011 –Shares of Barnes & Noble (NYSE:BKS) traded March 10 at $11.37–a new 52-week low. Approximately 1.3 million shares traded hands that day vs. average 30-day volume of 622,000 shares. Barnes & Noble closed at $11.79, approximately 25.9% below its 50-day moving average of $15.91. SmarTrend will be monitoring shares of BKS to see if this bearish momentum will continue.
In the last five trading sessions, the 50-day MA has fallen 0.96% while the 200-day MA has slid 1.1%.
In the past 52 weeks, shares of Barnes & Noble have traded between a low of $11.89 and a high of $24.71 and are now at $11.79, which is 48% of that high price.
SmarTrend is monitoring the recent change of momentum in Barnes & Noble. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Barnes & Noble in search of a potential trend change.
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com
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