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Nrg Energy Bullish Moving Average Crossover Alert (NRG)

By Nick Russo

Today, shares of Nrg Energy (NYSE:NRG) have advanced above their 10-day MA of $30.37 on a volume of 677K 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, Nrg Energy has traded in a range of $9.84 to $30.85 and is now at $30.71, 212% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has advanced 2.6%.

SmarTrend recommended that subscribers consider buying shares of Nrg Energy on March 5th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $28.36. Since that recommendation, shares of Nrg Energy have risen 6.2%. We continue to monitor NRG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses NRG Energy

Ticker(s): NRG