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American Tower C Bullish Moving Average Crossover Alert (AMT)

By Nick Russo

Today, shares of American Tower C (NYSE:AMT) have advanced above their 10-day MA of $147.91 on a volume of 140K 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 Tower C has traded in a range of $130.37 to $155.28 and is now at $149.04, 14% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of American Tower C on June 21st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $141.08. Since that recommendation, shares of American Tower C have risen 4.4%. We continue to monitor AMT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses american tower c

Ticker(s): AMT