• Return to Headlines

Bullish Moving Average Cross by Aaron'S Inc (AAN)

By James Quinn

Aaron'S Inc (NYSE:AAN) crossed over its 10-day moving average of $48.10 on a volume of 212K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Aaron'S Inc share prices have been bracketed by a low of $20.50 and a high of $49.77 and are now at $48.26, 135% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has advanced 1.2%.

SmarTrend recommended that subscribers consider buying shares of Aaron'S Inc on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $45.83. Since that recommendation, shares of Aaron'S Inc have risen 4.4%. We continue to monitor AAN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses aaron's inc

Ticker(s): AAN