The intraday price for Sempra Energy has moved below its 200 period 30 minute moving average of 53.06. SRE is around 52.55 bucks now. Going below the moving average deepens the negative trend.
The price is already below support of $53.25.
Other stocks to watch – these have a positive correlation with Sempra Energy:
Sasol Limited ADR (SSL) with a correlation of 100%
Telephone and Data Systems Inc. (TDI) with a correlation of 100%
Unisource Energy Corp (UNS) with a correlation of 100%
MINI PHARMACEUTICAL INDEX (VGH) with a correlation of 100%
Waste Connections Inc (WCN) with a correlation of 100%
For the math geeks and quants – the most recent Slope: -0.19 Intercept: 53.25 close: 52.55