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American Eagle Outfitters Crosses Above its 10-day MA (AEO)

By James Quinn

American Eagle Outfitters (NYSE:AEO) shares have crossed bullishly above their 10-day moving average of $14.62 on a volume of 999K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

American Eagle Outfitters share prices have moved between a 52-week high of $18.49 and a 52-week low of $12.78 and are now trading 15% above that low price at $14.75 per share. The 200-day and 50-day moving averages have moved 0.45% lower and 0.01% lower over the past week, respectively.

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

Keywords: moving crosses american eagle outfitters

Ticker(s): AEO