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Shares of SM Down 41.5% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Sm Energy Co (NYSE:SM) on February 1st, 2017 at $29.78. In approximately 6 months, Sm Energy Co has returned 41.48% as of today's recent price of $17.42.

In the past 52 weeks, Sm Energy Co share prices have been bracketed by a low of $13.76 and a high of $43.09 and are now at $17.42, 27% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 9.0%.

SM Energy Company is an independent energy company that explores for and produces natural gas and crude oil. The Company's operations are focused on The ArkLaTex, Gulf Coast, Mid-Continent, Rocky Mountains, and Permian Basin regions.

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

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

Keywords: spotlights sm energy co

Ticker(s): SM