Bullish Two Hundred Day Moving Average Cross - MWE

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In trading on Friday, shares of Markwest Energy Partners L.P. (Symbol: MWE) crossed above their 200 day moving average of $67.22, changing hands as high as $68.16 per share. Markwest Energy Partners L.P. shares are currently trading up about 2.2% on the day. The chart below shows the one year performance of MWE shares, versus its 200 day moving average: Markwest Energy Partners L.P. 200 Day Moving Average Chart

Looking at the chart above, MWE's low point in its 52 week range is $58.62 per share, with $75.79 as the 52 week high point - that compares with a last trade of $67.97.

According to the ETF Finder at ETF Channel, MWE makes up 5.01% of the MLP ETF (Symbol: MLPA) which is trading lower by about 0.4% on the day Friday.

Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average »




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Commodities

Referenced Stocks: MWE , MLPA

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