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Bullish Moving Average Cross by Apollo Commercia (ARI)

By Amy Schwartz

Apollo Commercia (NYSE:ARI) crossed over its 10-day moving average of $18.64 on a volume of 421K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Apollo Commercia has traded in a range of $16.41 to $19.57 and is now at $18.76, 14% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

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

Keywords: moving crosses apollo commercia

Ticker(s): ARI