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Bearish Moving Average Cross by Ameren (AEE)

By David Diaz

Today, shares of Ameren (NYSE:AEE) have fallen below their 10-day MA of $49.52 on a volume of 352K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Ameren share prices have moved between a 52-week high of $54.08 and a 52-week low of $37.26 and are now trading 31% above that low price at $48.80 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 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