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American Tower C Bearish Moving Average Crossover Alert (AMT)

By Amy Schwartz

American Tower C (NYSE:AMT) shares have crossed bearishly below their 10-day moving average of $195.83 on a volume of 101K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, American Tower C share prices have been bracketed by a low of $133.53 and a high of $198.19 and are now at $195.40, 46% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.8%.

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

Keywords: moving crosses american tower c

Ticker(s): AMT