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Air Lease C Crosses Below its 10-day MA (AL)

By Nick Russo

Today, shares of Air Lease C (NYSE:AL) have fallen below their 10-day MA of $42.80 on a volume of 240K 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.

In the past 52 weeks, shares of Air Lease C have traded between a low of $38.31 and a high of $50.70 and are now at $42.27, which is 10% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Air Lease C and will alert subscribers who have AL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses air lease c

Ticker(s): AL