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Amer Equity Invt Down 7.3% Since SmarTrend Downtrend Call (AEL)

By James Quinn

SmarTrend identified a Downtrend for Amer Equity Invt (NYSE:AEL) on January 15th, 2020 at $28.97. In approximately 2 weeks, Amer Equity Invt has returned 7.28% as of today's recent price of $26.86.

Amer Equity Invt share prices have moved between a 52-week high of $33.57 and a 52-week low of $20.16 and are now trading 33% above that low price at $26.86 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.3%.

American Equity Investment Life Holding Company develops, markets, issues, and administers annuities and life insurance products through its subsidiaries. The Company is a full-service underwriter of an array of annuity and insurance products, and is licensed to sell its products throughout the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Amer Equity Invt.

Log in and add Amer Equity Invt (AEL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights amer equity invt

Ticker(s): AEL