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Amer Eagle Outf Bearish Moving Average Crossover Alert (AEO)

By Nick Russo

Amer Eagle Outf (NYSE:AEO) crossed under its 10-day moving average of $15.93 on a volume of 801K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Amer Eagle Outf share prices have been bracketed by a low of $13.66 and a high of $24.30 and are now at $15.22, 11% above that low price. The 200-day and 50-day moving averages have moved 0.27% lower and 0.30% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Amer Eagle Outf and will alert subscribers who have AEO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amer eagle outf

Ticker(s): AEO