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Tuesday, November 03, 2009

Ameren (AEE) Bearish Technical Alert - Trend Down 5%

Comtex

Nov 03, 2009 (SmarTrend(R) Spotlight via COMTEX) ----Ameren (NYSE:AEE) is trading 0.9% lower (down $0.22 to $23.81) today on volume of 570,048 shares. The stock has traded within a 52-week range of $19.51 and $35.58.

Ameren is currently below its 50-day moving average of $25.82 and below its 200-day moving average of $25.24.

SmarTrend is bearish on shares of AEE and our subscribers received a Downtrend alert on October 01, 2009 at $25.06, which has returned 5% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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Copyright, Comtex News Network, Inc. 2009

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