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Bullish Moving Average Cross by Dte Energy Co (DTE)

By Amy Schwartz

Today, shares of Dte Energy Co (NYSE:DTE) have advanced above their 10-day MA of $123.64 on a volume of 167K 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.

Over the past year, Dte Energy Co has traded in a range of $94.25 to $124.99 and is now at $124.99, 33% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.9%.

SmarTrend recommended that subscribers consider buying shares of Dte Energy Co on January 23rd, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $113.65. Since that recommendation, shares of Dte Energy Co have risen 8.4%. We continue to monitor DTE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses dte energy co

Ticker(s): DTE