Bearish Moving Average Cross by AerCap Holdings (AER)
Today, shares of AerCap Holdings (NYSE:AER) have fallen below their 10-day MA of $38.36 on a volume of 494K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, AerCap Holdings has traded in a range of $24.61 to $51.50 and is now at $37.64, 53% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.4%.
SmarTrend is tracking the current trend status for AerCap Holdings and will alert subscribers who have AER in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses aercap holdings