Uptrend Call Working As TECO Energy Stock Rises 36.6% (TE)
SmarTrend identified an Uptrend for TECO Energy (NYSE:TE) on July 16th, 2015 at $20.24. In approximately 15 months, TECO Energy has returned 36.56% as of today's recent price of $27.64.
TECO Energy share prices have moved between a 52-week high of $27.83 and a 52-week low of $17.60 and are now trading 57% above that low price at $27.64 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.5%.
TECO Energy, Inc. is a diversified, energy-related utility holding company. The Company, through various subsidiaries, provides retail electric service to customers in west central Florida, as well as purchases, distributes, and markets natural gas for residential, commercial, industrial, and electric power generation customers. Teco also has coal operations.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of TECO Energy shares.
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Keywords: spotlights TECO Energy