• Return to Headlines

Scana Corp Bullish Moving Average Crossover Alert (SCG)

By David Diaz

Today, shares of Scana Corp (NYSE:SCG) have crossed bullishly above their 10-day moving average of $39.25 on a volume of 167K 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.

Over the past year, Scana Corp has traded in a range of $33.61 to $68.35 and is now at $39.47, 17% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has slid 0.4%.

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

Keywords: moving crosses scana corp

Ticker(s): SCG