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Entergy Corp Crosses Above its 10-day MA (ETR)

By Amy Schwartz

Today, shares of Entergy Corp (NYSE:ETR) have crossed bullishly above their 10-day moving average of $117.20 on a volume of 248K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Entergy Corp have traded between a low of $81.02 and a high of $119.17 and are now at $117.54, which is 45% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.5%.

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

Keywords: moving crosses Entergy Corp

Ticker(s): ETR