Bearish Moving Average Cross by CMS Energy (CMS)
Today, shares of CMS Energy (NYSE:CMS) have crossed bearishly below their 10-day moving average of $42.28 on a volume of 394K 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, CMS Energy has traded in a range of $31.22 to $46.25 and is now at $42.01, 35% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.3%.
SmarTrend is tracking the current trend status for CMS Energy and will alert subscribers who have CMS in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses cms energy