Aqua America Bullish Moving Average Crossover Alert (WTR)
Today, shares of Aqua America (NYSE:WTR) have advanced above their 10-day MA of $31.86 on a volume of 157K 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.
Aqua America share prices have moved between a 52-week high of $32.93 and a 52-week low of $24.40 and are now trading 31% above that low price at $32.00 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.5%.
SmarTrend recommended that subscribers consider buying shares of Aqua America on September 21st, 2015 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $26.13. Since that recommendation, shares of Aqua America have risen 21.5%. We continue to monitor WTR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses aqua america