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Firstenergy Corp Crosses Above its 10-day MA (FE)

By Nick Russo

Today, shares of Firstenergy Corp (NYSE:FE) have advanced above their 10-day MA of $35.90 on a volume of 320K 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.

Firstenergy Corp share prices have moved between a 52-week high of $37.00 and a 52-week low of $29.33 and are now trading 23% above that low price at $36.02 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.3%.

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

Keywords: moving crosses firstenergy corp

Ticker(s): FE