• Return to Headlines

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

By David Diaz

Today, shares of Sempra Energy (NYSE:SRE) have crossed bearishly below their 10-day moving average of $108.97 on a volume of 311K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Sempra Energy has traded in a range of $92.95 to $122.97 and is now at $108.55, 17% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% 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