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American Electri Bullish Moving Average Crossover Alert (AEP)

By Amy Schwartz

Today, shares of American Electri (NYSE:AEP) have advanced above their 10-day MA of $89.41 on a volume of 323K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of American Electri have traded between a low of $68.92 and a high of $91.99 and are now at $89.84, which is 30% above that low price. The 200-day and 50-day moving averages have moved 0.28% higher and 0.19% higher over the past week, respectively.

SmarTrend is tracking the current trend status for American Electri and will alert subscribers who have AEP in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses american electri

Ticker(s): AEP