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Shares of AEL Up 18.4% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Amer Equity Invt (NYSE:AEL) on October 28th, 2019 at $25.11. In approximately 2 months, Amer Equity Invt has returned 18.39% as of today's recent price of $29.72.

In the past 52 weeks, shares of Amer Equity Invt have traded between a low of $20.16 and a high of $33.57 and are now at $29.72, which is 47% above that low price. The 200-day and 50-day moving averages have moved 0.03% lower and 1.67% higher over the past week, respectively.

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 shifts in the trajectory of Amer Equity Invt shares.

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