• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 505880 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414078518 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414078518 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Bearish Moving Average Cross by Buffalo Wild Wings (BWLD)

Published on Thu, 05/23/2013 - 11:24
By Robert Cotter

Buffalo Wild Wings (NASDAQ:BWLD) shares have crossed bearishly below their 10-day moving average of $94.86 on a volume of 162K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Buffalo Wild Wings share prices have moved between a 52-week high of $97.49 and a 52-week low of $68.71 and are now trading 37% above that low price at $94.36 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.8%.

Potential upside of 9.0% exists for Buffalo Wild Wings, based on a current level of $94.36 and analysts' average consensus price target of $102.82. The stock should discover initial support at its 50-day moving average (MA) of $90.34 and subsequent support at its 200-day MA of $80.77.

Buffalo Wild Wings Inc. owns, operates, and franchises casual dining restaurants. The restaurants feature made to order menu items including New York style chicken wings. The company operates restaurants in multiple states.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Owens & Minor is Among the Companies in ...

Below are the three companies in the Health Care Distributors industry with the highest ...

Advanced Energy Industries Makes a Move:...

Up 3.0% to $17.65, Advanced Energy Industries (NASDAQ:AEIS), is one of today's notable ...

BGC Partners is Among the Companies in t...

Below are the three companies in the Investment Banking & Brokerage industry with the h ...

Shares of Approach Resources Receive a B...

One of today's stocks on the move is Approach Resources (NASDAQ:AREX), up 3.0% to $10.3 ...

Universal Technical Institute Ranks the ...

Below are the three companies in the Education Services industry with the highest divid ...

Brooks Automation Makes a Move: Up 3.0%...

One of today's stocks on the move is Brooks Automation (NASDAQ:BRKS), up 3.0% to $11.04 ...

Nevsun Resources Ranks the Highest in Te...

Below are the three companies in the Gold industry with the highest dividend yields. D ...

Buyers Accumulate Shares of Noble, Up 3....

Noble (NYSE:NE), a company whose shares are moving quickly, is trading 3.0% higher to $ ...