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Autonation Inc Bearish Moving Average Crossover Alert (AN)

By James Quinn

Autonation Inc (NYSE:AN) crossed under its 10-day moving average of $48.93 on a volume of 407K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Autonation Inc share prices have been bracketed by a low of $38.59 and a high of $62.02 and are now at $48.63, 26% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

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

Keywords: moving crosses autonation inc

Ticker(s): AN