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Kinder Morgan In Crosses Above its 10-day MA (KMI)

By Amy Schwartz

Kinder Morgan In (NYSE:KMI) crossed over its 10-day moving average of $17.96 on a volume of 6.2 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Kinder Morgan In share prices have moved between a 52-week high of $21.25 and a 52-week low of $14.69 and are now trading 24% above that low price at $18.24 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

SmarTrend recommended that subscribers consider buying shares of Kinder Morgan In on April 18th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $16.22. Since that recommendation, shares of Kinder Morgan In have risen 9.6%. We continue to monitor KMI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses kinder morgan in

Ticker(s): KMI