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SM Energy Up 31.3% Since SmarTrend Uptrend Call (SM)

By David Diaz

SmarTrend identified an Uptrend for SM Energy (NYSE:SM) on August 8th, 2016 at $30.01. In approximately 2 months, SM Energy has returned 31.28% as of today's recent price of $39.39.

In the past 52 weeks, shares of SM Energy have traded between a low of $6.99 and a high of $60.28 and are now at $39.39, which is 464% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 9.0% while the 200-day MA has slid 0.5%.

St. Mary Land & Exploration Company is an independent energy company that explores for and produces natural gas and crude oil. The Company's operations are focused in the Mid-Continent region, the Arkansas/Louisiana/Texas region, south Louisiana, the Williston Basin, and the Permian Basin.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of SM Energy shares.

Log in and add SM Energy (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

Ticker(s): SM