• Return to Headlines

Bullish Moving Average Cross by American Assets (AAT)

By James Quinn

American Assets (NYSE:AAT) shares have crossed bullishly above their 10-day moving average of $47.28 on a volume of 142K 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, American Assets share prices have been bracketed by a low of $35.37 and a high of $48.30 and are now at $47.59, 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.

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

Keywords: moving crosses american assets

Ticker(s): AAT