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Sempra Energy Bearish Moving Average Crossover Alert (SRE)

By Shiri Gupta

Sempra Energy (NYSE:SRE) crossed under its 10-day moving average of $113.56 on a volume of 223K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Sempra Energy share prices have moved between a 52-week high of $127.22 and a 52-week low of $100.48 and are now trading 13% above that low price at $113.41 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

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

Keywords: moving crosses Sempra Energy

Ticker(s): SRE