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Shares of Spectra Energ Down on Above Average Volume, Moving Against Trend (SE)

By David Diaz

Spectra Energ shares are trading on heavy volume today, having fallen 7.6% to $15.16. Today's volume of 2.0 million shares tops the average 30-day volume of 1.5 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Spectra Energ on May 22nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $13.52. Since that recommendation, shares of Spectra Energ have risen 21.3%. We continue to monitor SE for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Spectra Energ share prices have been bracketed by a low of $10.06 and a high of $17.19 and are now at $15.52, 54% above that low price. The 200-day and 50-day moving averages have moved 2.04% lower and 2.48% higher over the past week, respectively.

Keywords: unusual volume spectra energ

Ticker(s): SE