• Return to Headlines

Aspen Insurance Crosses Below its 10-day MA (AHL)

By Amy Schwartz

Today, shares of Aspen Insurance (NYSE:AHL) have crossed bearishly below their 10-day moving average of $40.28 on a volume of 118K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Aspen Insurance share prices have moved between a 52-week high of $52.40 and a 52-week low of $34.80 and are now trading 15% above that low price at $39.97 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Aspen Insurance. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Aspen Insurance in search of a potential trend change.

Keywords: moving crosses aspen insurance

Ticker(s): AHL