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Bullish Moving Average Cross by Spectra Energ (SE)

By Amy Schwartz

Today, shares of Spectra Energ (NYSE:SE) have advanced above their 10-day MA of $42.05 on a volume of 433K 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, Spectra Energ has traded in a range of $21.83 to $52.77 and is now at $42.98, 97% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has declined 0.3%.

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

Keywords: moving crosses spectra energ

Ticker(s): SE