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Bullish Moving Average Cross by Sempra Energy (SRE)

By David Diaz

Today, shares of Sempra Energy (NYSE:SRE) have crossed bullishly above their 10-day moving average of $110.83 on a volume of 371K 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, Sempra Energy share prices have been bracketed by a low of $92.95 and a high of $122.97 and are now at $111.03, 19% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

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

Keywords: moving crosses Sempra Energy

Ticker(s): SRE