• Return to Headlines

Bullish Moving Average Cross by American Electri (AEP)

By Shiri Gupta

Today, shares of American Electri (NYSE:AEP) have crossed bullishly above their 10-day moving average of $70.37 on a volume of 253K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

American Electri share prices have moved between a 52-week high of $78.07 and a 52-week low of $62.70 and are now trading 13% above that low price at $70.88 per share. The 200-day and 50-day moving averages have moved 0% lower and 0.11% higher over the past week, respectively.

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

Keywords: moving crosses american electri

Ticker(s): AEP