American Water Works Bearish Moving Average Crossover Alert (AWK)
Today, shares of American Water Works (NYSE:AWK) have fallen below their 10-day MA of $71.38 on a volume of 190K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, shares of American Water Works have traded between a low of $48.36 and a high of $85.24 and are now at $71.16, which is 47% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.9%.
SmarTrend is tracking the current trend status for American Water Works and will alert subscribers who have AWK in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses american water works