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

By Amy Schwartz

Today, shares of Sempra Energy (NYSE:SRE) have fallen below their 10-day MA of $110.96 on a volume of 223K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Sempra Energy have traded between a low of $92.95 and a high of $122.97 and are now at $110.31, which is 19% above that low price. 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