Linn Energy (LINE) Shares Cross Below 200 DMA

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In trading on Thursday, shares of Linn Energy LLC (Symbol: LINE) crossed below their 200 day moving average of $30.27, changing hands as low as $29.71 per share. Linn Energy LLC shares are currently trading down about 3% on the day. The chart below shows the one year performance of LINE shares, versus its 200 day moving average: Linn Energy LLC 200 Day Moving Average Chart

Looking at the chart above, LINE's low point in its 52 week range is $22.38 per share, with $34.08 as the 52 week high point - that compares with a last trade of $29.91.

According to the ETF Finder at ETF Channel, LINE makes up 1.32% of the Guggenheim Multi-Asset Income ETF (Symbol: CVY) which is trading lower by about 1.2% on the day Thursday.

Click here to find out which 9 other energy stocks recently crossed below 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: LINE , CVY

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