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Bullish Moving Average Cross by Aetna (AET)

By Amy Schwartz

Aetna (NYSE:AET) shares have crossed bullishly above their 10-day moving average of $115.02 on a volume of 231K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Aetna share prices have been bracketed by a low of $92.42 and a high of $134.40 and are now at $116.16, 26% 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 advanced 0.6%.

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

Keywords: moving crosses Aetna

Ticker(s): AET