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Semgroup Corp-A Has Returned 18.9% Since SmarTrend Recommendation (SEMG)

By Nick Russo

SmarTrend identified a Downtrend for Semgroup Corp-A (NYSE:SEMG) on January 10th, 2018 at $27.92. In approximately 2 months, Semgroup Corp-A has returned 18.89% as of today's recent price of $22.65.

Over the past year, Semgroup Corp-A has traded in a range of $20.95 to $43.20 and is now at $22.65, 8% above that low. The 200-day and 50-day moving averages have moved 2.65% lower and 4.00% higher over the past week, respectively.

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