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Eversource Energ Crosses Above its 10-day MA (ES)

By Amy Schwartz

Eversource Energ (NYSE:ES) crossed over its 10-day moving average of $56.93 on a volume of 211K 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 $50.56 to $66.15 and is now at $57.12, 13% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Eversource Energ on February 2nd, 2018 by issuing a Downtrend alert when the shares were trading at $58.81. Since that call, shares of Eversource Energ have fallen 3.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses eversource energ

Ticker(s): ES