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Sm Energy Co Down 34.8% Since SmarTrend Downtrend Call (SM)

By Nick Russo

SmarTrend identified a Downtrend for Sm Energy Co (NYSE:SM) on May 2nd, 2019 at $14.40. In approximately 4 months, Sm Energy Co has returned 34.79% as of today's recent price of $9.39.

Over the past year, Sm Energy Co has traded in a range of $8.51 to $33.76 and is now at $9.39, 10% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has slid 1.5%.

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