Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Genie Energy-B Down 11.2% Since SmarTrend Downtrend Call (GNE)

Mar 08, 2018 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Genie Energy-B (NYSE:GNE) on October 25th, 2017 at $5.75. In approximately 4 months, Genie Energy-B has returned 11.23% as of today's recent price of $5.10.

Over the past year, Genie Energy-B has traded in a range of $4.09 to $8.31 and is now at $5.10, 25% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 2.1%.

Genie Energy Ltd includes both a retail energy provider business and oil and gas exploration projects. The Retail energy business provides electricity and natural gas to residential customers in Eastern US. E&P development projects are located in Israel, Colorado, and Mongolia.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Genie Energy-B.

Log in and add Genie Energy-B (GNE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at


SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

Copyright, Comtex News Network, Inc. 2018

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 62.25
Nat Gas 2.696
Corn 382 6/8
Cotton #2 82.85
Gold 1313.9
Copper 3.1125
Euro 1.22920
USD Index 90.212
SP500 E-mini 2755.50
DJIA E-mini 24965