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Spectra Energ Crosses Above its 10-day MA (SE)

By Shiri Gupta

Spectra Energ (NYSE:SE) shares have crossed bullishly above their 10-day moving average of $25.81 on a volume of 3.4 million 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.

Spectra Energ share prices have moved between a 52-week high of $31.25 and a 52-week low of $10.52 and are now trading 177% above that low price at $29.19 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.3%.

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

Keywords: moving crosses spectra energ

Ticker(s): SE