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American Tower Bullish Moving Average Crossover Alert (AMT)

By David Diaz

American Tower (NYSE:AMT) crossed over its 10-day moving average of $115.14 on a volume of 293K 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 Tower have traded between a low of $83.07 and a high of $118.26 and are now at $115.75, which is 39% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.4%.

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

Keywords: moving crosses American Tower

Ticker(s): AMT