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Shares of EEQ Down 25.4% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Enbridge Energy Management (NYSE:EEQ) on January 27th, 2017 at $22.98. In approximately 2 months, Enbridge Energy Management has returned 25.35% as of today's recent price of $17.15.

In the past 52 weeks, shares of Enbridge Energy Management have traded between a low of $14.27 and a high of $37.72 and are now at $17.15, which is 20% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has advanced 2.2%.

Enbridge Energy Management, LLC, manages and controls the business and affairs of Enbridge Energy Partners, LP. Enbridge Energy Partners transports crude oil, liquid petroleum, and natural gas through gathering and pipeline systems.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Enbridge Energy Management.

Log in and add Enbridge Energy Management (EEQ) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights enbridge energy management

Ticker(s): EEQ