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Aerojet Rocketdy Crosses Below its 10-day MA (AJRD)

By Amy Schwartz

Today, shares of Aerojet Rocketdy (NYSE:AJRD) have fallen below their 10-day MA of $33.95 on a volume of 238K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Aerojet Rocketdy has traded in a range of $25.06 to $40.99 and is now at $33.78, 35% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.2%.

SmarTrend is monitoring the recent change of momentum in Aerojet Rocketdy. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Aerojet Rocketdy in search of a potential trend change.

Keywords: moving crosses aerojet rocketdy

Ticker(s): AJRD