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Antero Resources Bullish Moving Average Crossover Alert (AR)

By Amy Schwartz

Antero Resources (NYSE:AR) shares have crossed bullishly above their 10-day moving average of $8.61 on a volume of 1.7 million 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.

In the past 52 weeks, Antero Resources share prices have been bracketed by a low of $7.63 and a high of $22.69 and are now at $8.73, 14% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.6% while the 50-day MA has declined 1.6%.

SmarTrend is tracking the current trend status for Antero Resources and will alert subscribers who have AR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses antero resources

Ticker(s): AR