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Downtrend Call Working As Oge Energy Corp Stock Falls 15.2% (OGE)

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

SmarTrend identified a Downtrend for Oge Energy Corp (NYSE:OGE) on November 6th, 2017 at $35.57. In approximately 3 months, Oge Energy Corp has returned 15.21% as of today's recent price of $30.16.

Oge Energy Corp share prices have moved between a 52-week high of $37.41 and a 52-week low of $29.57 and are now trading 2% above that low price at $30.16 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

OGE Energy Corp., through its principal subsidiary Oklahoma Gas and Electric Company, generates, transmits, and distributes electricity to wholesale and retail customers in communities in Oklahoma and western Arkansas. The Company, through Enogex Inc., operates natural gas transmission and gathering pipelines, has interests in gas processing plants, and markets electricity.

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

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

Write to Chip Brian at cbrian@mysmartrend.com

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