• Return to Headlines

Kinder Morgan In Bearish Moving Average Crossover Alert (KMI)

By David Diaz

Kinder Morgan In (NYSE:KMI) shares have crossed bearishly below their 10-day moving average of $16.27 on a volume of 3.9 million 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, Kinder Morgan In share prices have been bracketed by a low of $15.07 and a high of $23.36 and are now at $15.99, 6% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 1.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Kinder Morgan In on February 1st, 2018 by issuing a Downtrend alert when the shares were trading at $17.95. Since that call, shares of Kinder Morgan In have fallen 8.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses kinder morgan in

Ticker(s): KMI