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Uptrend Call Working As TECO Energy Stock Rises 36.6% (TE)

By James Quinn

SmarTrend identified an Uptrend for TECO Energy (NYSE:TE) on July 16th, 2015 at $20.24. In approximately 22 months, TECO Energy has returned 36.56% as of today's recent price of $27.64.

Over the past year, TECO Energy has traded in a range of $17.60 to $27.83 and is now at $27.64, 57% above that low. The 200-day and 50-day moving averages have moved 0.49% higher and 0.08% higher over the past week, respectively.

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.

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

Keywords: spotlights TECO Energy

Ticker(s): TE