HEP Makes Bullish Cross Above Critical Moving Average

By EnergyStockChannel.com,

Shutterstock photo

In trading on Thursday, shares of Holly Energy Partners LP (Symbol: HEP) crossed above their 200 day moving average of $33.26, changing hands as high as $33.53 per share. Holly Energy Partners LP shares are currently trading up about 5.2% on the day. The chart below shows the one year performance of HEP shares, versus its 200 day moving average: Holly Energy Partners LP 200 Day Moving Average Chart

Looking at the chart above, HEP's low point in its 52 week range is $29.55 per share, with $40.00 as the 52 week high point - that compares with a last trade of $33.71.

According to the ETF Finder at ETF Channel, HEP makes up 4.00% of the Junior MLP ETF (Symbol: MLPJ) which is trading up by about 0.8% on the day Thursday.

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 Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: HEP , MLPJ

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