BURL Rallies to $290.32 on Bullish EMA Alignment
BullishBurlington Stores Inc (BURL) closed up 0.73% at $290.32 on December 29.
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 $274.18 provides support.
Momentum
RSI at 57.2 is in neutral territory but trending higher. MACD is bullish (4.49 vs signal 1.41).