uploads///SRE dma

What’s Next for Sempra Energy Stock?

Vineet Kulkarni - Author
By

Dec. 29 2016, Updated 9:08 a.m. ET

Chart indicators

Sempra Energy (SRE) is currently trading on par to its 50-day moving average while at a 4% discount to its 200-day moving average. Sempra Energy stock may see support at its 50-day moving average level in the short term.

However, there could be more downside if the stock breaks below this level. On the upside, its 200-day moving average may act as resistance in the near future.

Article continues below advertisement

Relative strength index

Currently, Sempra Energy’s RSI (relative strength index) stands at 50. The RSI is a momentum indicator made up of values between 0 and 100. Movements below 30 are considered to be in the “oversold” zone, while movements above 70 are considered to be in the “overbought” zone.

Advertisement

Latest Sempra Energy News and Updates

    © Copyright 2022 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.