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Bearish Moving Average Cross by Aetna (AET)

By Shiri Gupta

Today, shares of Aetna (NYSE:AET) have fallen below their 10-day MA of $117.69 on a volume of 1.6 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Aetna has traded in a range of $92.42 to $134.40 and is now at $116.90, 26% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.

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

Keywords: moving crosses Aetna

Ticker(s): AET