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Eversource Energ Bullish Moving Average Crossover Alert (ES)

By James Quinn

Today, shares of Eversource Energ (NYSE:ES) have advanced above their 10-day MA of $77.65 on a volume of 203K 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.

Over the past year, Eversource Energ has traded in a range of $60.15 to $78.88 and is now at $78.24, 30% above that low. The 200-day and 50-day moving averages have moved 0.29% higher and 0.25% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Eversource Energ on January 23rd, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $67.88. Since that recommendation, shares of Eversource Energ have risen 13.7%. We continue to monitor ES for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses eversource energ

Ticker(s): ES