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Ameren Corp Crosses Above its 10-day MA (AEE)

By Amy Schwartz

Today, shares of Ameren Corp (NYSE:AEE) have advanced above their 10-day MA of $71.24 on a volume of 132K 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, Ameren Corp has traded in a range of $55.21 to $74.91 and is now at $71.48, 29% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses ameren corp

Ticker(s): AEE