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Sempra Energy Crosses Above its 10-day MA (SRE)

By James Quinn

Today, shares of Sempra Energy (NYSE:SRE) have crossed bullishly above their 10-day moving average of $103.80 on a volume of 139K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Sempra Energy share prices have moved between a 52-week high of $114.66 and a 52-week low of $86.72 and are now trading 20% above that low price at $103.94 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

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

Keywords: moving crosses Sempra Energy

Ticker(s): SRE