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Ameren Corp Bullish Moving Average Crossover Alert (AEE)

By Nick Russo

Ameren Corp (NYSE:AEE) crossed over its 10-day moving average of $76.50 on a volume of 144K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Ameren Corp share prices have been bracketed by a low of $59.94 and a high of $77.77 and are now at $76.96, 28% above that low price. The 200-day and 50-day moving averages have moved 0.28% higher and 0.30% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Ameren Corp on May 13th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $73.98. Since that recommendation, shares of Ameren Corp have risen 3.0%. We continue to monitor AEE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses ameren corp

Ticker(s): AEE