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Dte Energy Co Bearish Moving Average Crossover Alert (DTE)

By David Diaz

Dte Energy Co (NYSE:DTE) crossed under its 10-day moving average of $112.79 on a volume of 109K 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, shares of Dte Energy Co have traded between a low of $94.25 and a high of $116.74 and are now at $111.42, which is 18% 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 0.7%.

SmarTrend recommended that subscribers consider buying shares of Dte Energy Co on June 21st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $99.67. Since that recommendation, shares of Dte Energy Co have risen 14.1%. We continue to monitor DTE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses dte energy co

Ticker(s): DTE