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Entergy Bearish Moving Average Crossover Alert (ETR)

By James Quinn

Today, shares of Entergy (NYSE:ETR) have crossed bearishly below their 10-day moving average of $75.65 on a volume of 163K 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 Entergy have traded between a low of $61.27 and a high of $82.08 and are now at $75.24, which is 23% 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 0.3%.

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

Keywords: moving crosses entergy

Ticker(s): ETR