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Ameren Corp: 52-Week High Recently Eclipsed (AEE)

By Nick Russo

Shares of Ameren Corp (NYSE:AEE) traded today at $78.93, breaking its 52-week high. Approximately 554,000 shares have changed hands today, as compared to an average 30-day volume of 2.2 million shares.

Based on a current price of $78.93, Ameren Corp is currently 27.1% above its average consensus analyst price target of $57.57. The stock should discover initial support at its 50-day moving average (MA) of $76.30 and subsequent support at its 200-day MA of $72.51.

Ameren Corporation is a public utility holding company. The Company, through its subsidiaries, generates electricity, delivers electricity, and distributes natural gas to customers in Missouri and Illinois.

Ameren Corp share prices have moved between a 52-week high of $78.93 and a 52-week low of $62.06 and are now trading 27% above that low price at $78.93 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

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

Keywords: 52 week high/lows ameren corp

Ticker(s): AEE