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AutoNation Bullish Moving Average Crossover Alert (AN)

By Amy Schwartz

AutoNation (NYSE:AN) crossed over its 10-day moving average of $47.18 on a volume of 220K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

AutoNation share prices have moved between a 52-week high of $66.63 and a 52-week low of $40.45 and are now trading 17% above that low price at $47.29 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.2%.

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

Keywords: moving crosses autonation

Ticker(s): AN