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Sm Energy Co Bullish Moving Average Crossover Alert (SM)

By Amy Schwartz

Today, shares of Sm Energy Co (NYSE:SM) have advanced above their 10-day MA of $10.19 on a volume of 2.1 million shares. This may provide swing traders with an opportunity 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 $8.46 and a high of $33.76 and are now at $11.00, which is 30% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.6% while the 200-day MA has slid 1.7%.

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

Keywords: moving crosses sm energy co

Ticker(s): SM