BURL Breaks Out at $290.32 as Moving Averages Align

Burlington Stores Inc (BURL) closed up 0.73% at $290.32 on December 27.

Technical indicators paint a bullish picture:

• Moving Averages: Price trades above the 9-day EMA ($279.57) with a bullish stack. The 21-day EMA at $273.90 provides support.
• Momentum: RSI at 59.3 is in neutral territory but trending higher. MACD is bullish (4.50 vs signal 1.43).
• Volatility: Bollinger Band width at 19.8% indicates normal volatility.

Key levels to watch: Support at $240.83, Resistance at $293.61.