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CMS Energy Bearish Moving Average Crossover Alert (CMS)

By Shiri Gupta

CMS Energy (NYSE:CMS) crossed under its 10-day moving average of $43.11 on a volume of 443K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, CMS Energy share prices have been bracketed by a low of $31.22 and a high of $46.25 and are now at $42.91, 37% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.3%.

SmarTrend is monitoring the recent change of momentum in CMS Energy. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of CMS Energy in search of a potential trend change.

Keywords: moving crosses cms energy

Ticker(s): CMS