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Uptrend Call Working As Aes Corp Stock Rises 37.5% (AES)

By David Diaz

SmarTrend identified an Uptrend for Aes Corp (NYSE:AES) on March 29th, 2018 at $11.29. In approximately 8 months, Aes Corp has returned 37.53% as of today's recent price of $15.52.

In the past 52 weeks, Aes Corp share prices have been bracketed by a low of $9.87 and a high of $16.28 and are now at $15.52, 57% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.1%.

The AES Corporation acquires, develops, owns, and operates generation plants and distribution businesses in several countries. The Company sells electricity under long term contracts and serves customers under its regulated utility businesses. AES also mines coal, turns seawater into drinking water, and develops alternative sources of energy.

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

Log in and add Aes Corp (AES) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights aes corp

Ticker(s): AES