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Scana Corp Crosses Above its 10-day MA (SCG)

By James Quinn

Today, shares of Scana Corp (NYSE:SCG) have crossed bullishly above their 10-day moving average of $34.84 on a volume of 359K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Scana Corp share prices have moved between a 52-week high of $71.28 and a 52-week low of $33.75 and are now trading 5% above that low price at $35.28 per share. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 1%.

SmarTrend is monitoring the recent change of momentum in Scana Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Scana Corp in search of a potential trend change.

Keywords: moving crosses scana corp

Ticker(s): SCG