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Bullish Moving Average Cross by Aerojet Rocketdy (AJRD)

By James Quinn

Aerojet Rocketdy (NYSE:AJRD) shares have crossed bullishly above their 10-day moving average of $32.81 on a volume of 106K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Aerojet Rocketdy have traded between a low of $25.06 and a high of $40.99 and are now at $33.11, which is 32% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.

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

Keywords: moving crosses aerojet rocketdy

Ticker(s): AJRD