• Return to Headlines

American Interna Crosses Above its 10-day MA (AIG)

By Amy Schwartz

Today, shares of American Interna (NYSE:AIG) have crossed bullishly above their 10-day moving average of $55.59 on a volume of 685K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, American Interna has traded in a range of $36.16 to $56.49 and is now at $55.73, 54% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.0%.

SmarTrend recommended that subscribers consider buying shares of American Interna on January 15th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $42.13. Since that recommendation, shares of American Interna have risen 31.4%. We continue to monitor AIG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses american interna

Ticker(s): AIG