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Semgroup Corp-A Shares Down 29.9% Since SmarTrend's Sell Call (SEMG)

By Amy Schwartz

SmarTrend identified a Downtrend for Semgroup Corp-A (NYSE:SEMG) on May 29th, 2019 at $12.77. In approximately 3 months, Semgroup Corp-A has returned 29.91% as of today's recent price of $8.95.

Semgroup Corp-A share prices have moved between a 52-week high of $26.05 and the current low of $8.84 and are currently at $8.95 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 1.5%.

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