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Bullish Moving Average Cross by Sm Energy Co (SM)

By Amy Schwartz

Today, shares of Sm Energy Co (NYSE:SM) have advanced above their 10-day MA of $17.86 on a volume of 514K 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, Sm Energy Co share prices have been bracketed by a low of $13.15 and a high of $33.76 and are now at $18.10, 38% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 0.7%.

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

Keywords: moving crosses sm energy co

Ticker(s): SM