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Bullish Moving Average Cross by DTE Energy (DTE)

By David Diaz

Today, shares of DTE Energy (NYSE:DTE) have advanced above their 10-day MA of $92.16 on a volume of 366K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, DTE Energy share prices have been bracketed by a low of $73.23 and a high of $100.45 and are now at $92.31, 26% above that low price. 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 monitoring the recent change of momentum in DTE Energy. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of DTE Energy in search of a potential trend change.

Keywords: moving crosses DTE Energy

Ticker(s): DTE