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Amtrust Financial Services Crosses Above its 10-day MA (AFSI)

By Nick Russo

Today, shares of Amtrust Financial Services (NASDAQ:AFSI) have crossed bullishly above their 10-day moving average of $26.51 on a volume of 217K 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.

Amtrust Financial Services share prices have moved between a 52-week high of $35.94 and a 52-week low of $23.55 and are now trading 13% above that low price at $26.68 per share. The 200-day and 50-day moving averages have moved 0.54% lower and 0.09% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Amtrust Financial Services and will alert subscribers who have AFSI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amtrust financial services

Ticker(s): AFSI