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Sm Energy Co Bullish Moving Average Crossover Alert (SM)

By Nick Russo

Today, shares of Sm Energy Co (NYSE:SM) have crossed bullishly above their 10-day moving average of $17.70 on a volume of 590K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Sm Energy Co have traded between a low of $13.15 and a high of $33.76 and are now at $18.08, which is 37% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 0.9%.

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

Keywords: moving crosses sm energy co

Ticker(s): SM