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Semgroup Corp-A Down 9.3% Since SmarTrend Downtrend Call (SEMG)

By Nick Russo

SmarTrend identified a Downtrend for Semgroup Corp-A (NYSE:SEMG) on February 8th, 2019 at $15.21. In approximately 3 months, Semgroup Corp-A has returned 9.34% as of today's recent price of $13.79.

Over the past year, Semgroup Corp-A has traded in a range of $11.69 to $26.79 and is now at $13.84, 18% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has slid 1.3%.

SemGroup Corp. moves energy through a network of pipelines, terminals, and storage tanks. The Company purchases, sells, processes, transports, and stores energy including gas liquids, asphalt, and refined products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Semgroup Corp-A.

Log in and add Semgroup Corp-A (SEMG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights semgroup corp-a

Ticker(s): SEMG