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Ameren Corp Crosses Above its 10-day MA (AEE)

By David Diaz

Today, shares of Ameren Corp (NYSE:AEE) have advanced above their 10-day MA of $71.12 on a volume of 139K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Ameren Corp has traded in a range of $58.74 to $87.66 and is now at $72.19, 23% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1%.

SmarTrend is monitoring the recent change of momentum in Ameren Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ameren Corp in search of a potential trend change.

Keywords: moving crosses ameren corp

Ticker(s): AEE