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Ameren Bearish Moving Average Crossover Alert (AEE)

By Nick Russo

Today, shares of Ameren (NYSE:AEE) have crossed bearishly below their 10-day moving average of $56.63 on a volume of 155K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Ameren has traded in a range of $37.26 to $57.21 and is now at $56.33, 51% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.4%.

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

Keywords: moving crosses ameren

Ticker(s): AEE