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

By Amy Schwartz

Today, shares of Sempra Energy (NYSE:SRE) have advanced above their 10-day MA of $112.77 on a volume of 493K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Sempra Energy share prices have been bracketed by a low of $100.48 and a high of $122.97 and are now at $114.17, 14% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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