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Nrg Energy Crosses Above its 10-day MA (NRG)

By James Quinn

Nrg Energy (NYSE:NRG) shares have crossed bullishly above their 10-day moving average of $17.00 on a volume of 12.8 million shares. Swing traders may find an opportunity 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 $19.77 and is now at $19.50, 98% above that low. The 200-day and 50-day moving averages have moved 1.01% lower and 2.57% higher over the past week, respectively.

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

Keywords: moving crosses NRG Energy

Ticker(s): NRG