• Return to Headlines

Apartment Investment & Management Bullish Moving Average Crossover Alert (AIV)

By Nick Russo

Apartment Investment & Management (NYSE:AIV) shares have crossed bullishly above their 10-day moving average of $44.46 on a volume of 330K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Apartment Investment & Management share prices have moved between a 52-week high of $46.42 and a 52-week low of $34.71 and are now trading 30% above that low price at $44.96 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Apartment Investment & Management and will alert subscribers who have AIV in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses apartment investment & management

Ticker(s): AIV