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After Yesterday's Decline of 1.15%, American Interna Offers Investors Better Value

By Nick Russo

American Interna (NYSE:AIG) traded in a range yesterday that spanned from a low of $60.00 to a high of $60.68. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $60.06 on volume of 3.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of American Interna have traded between a low of $48.41 and a high of $67.47 and are now at $60.12, which is 24% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.6%.

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

Keywords: rebounders american interna

Ticker(s): AIG