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TMCNet: American Equity Investment Up 22.2% Since SmarTrend Uptrend Call (AEL)

[March 18, 2013]

American Equity Investment Up 22.2% Since SmarTrend Uptrend Call (AEL)

Mar 18, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for American Equity Investment (NYSE:AEL) on December 19th, 2012 at $12.11. In approximately 3 months, American Equity Investment has returned 22.17% as of today's recent price of $14.80.
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Over the past year, American Equity Investment has traded in a range of $10.00 to $14.97 and is now at $14.79, 48% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 2.0%.

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

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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