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Bearish Moving Average Cross by DTE Energy (DTE)

By Shiri Gupta

Today, shares of DTE Energy (NYSE:DTE) have fallen below their 10-day MA of $93.86 on a volume of 164K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

DTE Energy share prices have moved between a 52-week high of $95.03 and a 52-week low of $73.23 and are now trading 28% above that low price at $93.47 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.5%.

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

Keywords: moving crosses DTE Energy

Ticker(s): DTE