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Dominion Energy Bearish Moving Average Crossover Alert (D)

By James Quinn

Dominion Energy (NYSE:D) shares have crossed bearishly below their 10-day moving average of $64.37 on a volume of 378K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Dominion Energy have traded between a low of $62.31 and a high of $85.30 and are now at $64.20, which is 3% above that low price. The 200-day and 50-day moving averages have moved 0.08% higher and 0.18% higher over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Dominion Energy on December 20th, 2017 by issuing a Downtrend alert when the shares were trading at $81.13. Since that call, shares of Dominion Energy have fallen 20.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses dominion energy

Ticker(s): D