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Autonation Inc Bullish Moving Average Crossover Alert (AN)

By Shiri Gupta

Today, shares of Autonation Inc (NYSE:AN) have crossed bullishly above their 10-day moving average of $28.07 on a volume of 221K 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, Autonation Inc has traded in a range of $20.59 to $53.19 and is now at $29.79, 45% above that low. The 200-day and 50-day moving averages have moved 0.78% lower and 4.6% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Autonation Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Autonation Inc in search of a potential trend change.

Keywords: moving crosses autonation inc

Ticker(s): AN