Southwestern Energy Bearish Moving Average Crossover Alert (SWN)
Southwestern Energy (NYSE:SWN) shares have crossed bearishly below their 10-day moving average of $13.29 on a volume of 3.7 million shares. Swing traders may find 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 Southwestern Energy have traded between a low of $5.00 and a high of $29.61 and are now at $12.78, which is 156% above that low price. The 200-day and 50-day moving averages have moved 1.57% lower and 4.81% higher over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in Southwestern Energy. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Southwestern Energy in search of a potential trend change.
Keywords: moving crosses southwestern energy