Bullish Moving Average Cross by Entergy (ETR)
Entergy (NYSE:ETR) crossed over its 10-day moving average of $74.81 on a volume of 129K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Entergy have traded between a low of $61.27 and a high of $80.06 and are now at $75.08, which is 23% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.
SmarTrend is tracking the current trend status for Entergy and will alert subscribers who have ETR in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses entergy