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Southwestern Energy Crosses Below its 10-day MA (SWN)

By James Quinn

Today, shares of Southwestern Energy (NYSE:SWN) have fallen below their 10-day MA of $12.33 on a volume of 4.8 million 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, Southwestern Energy share prices have been bracketed by a low of $5.00 and a high of $29.61 and are now at $11.88, 138% above that low price. The 200-day and 50-day moving averages have moved 1.21% lower and 3.44% higher over the past week, respectively.

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

Keywords: moving crosses southwestern energy

Ticker(s): SWN