SMLP Makes Bullish Cross Above Critical Moving Average


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In trading on Thursday, shares of Summit Midstream Partners LP (Symbol: SMLP) crossed above their 200 day moving average of $23.18, changing hands as high as $23.25 per share. Summit Midstream Partners LP shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of SMLP shares, versus its 200 day moving average: Summit Midstream Partners LP 200 Day Moving Average Chart

Looking at the chart above, SMLP's low point in its 52 week range is $14.32 per share, with $26.50 as the 52 week high point - that compares with a last trade of $23.25.

According to the ETF Finder at ETF Channel, SMLP makes up 3.98% of the Zacks MLP High Income Index Shares ETF (Symbol: ZMLP) which is trading up by about 0.1% 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 Symbols: SMLP , ZMLP


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