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Kinder Morgan In Bullish Moving Average Crossover Alert (KMI)

By David Diaz

Kinder Morgan In (NYSE:KMI) crossed over its 10-day moving average of $13.17 on a volume of 3.1 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Kinder Morgan In has traded in a range of $9.42 to $22.58 and is now at $13.27, 41% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 2.5%.

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

Keywords: moving crosses kinder morgan in

Ticker(s): KMI