Atlantica Yield Breaks Above 200-Day Moving Average - Bullish for ABY

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In trading on Thursday, shares of Atlantica Yield plc (Symbol: ABY) crossed above their 200 day moving average of $20.74, changing hands as high as $20.83 per share. Atlantica Yield plc shares are currently trading up about 2% on the day. The chart below shows the one year performance of ABY shares, versus its 200 day moving average: Atlantica Yield plc 200 Day Moving Average Chart

Looking at the chart above, ABY's low point in its 52 week range is $16.55 per share, with $22.87 as the 52 week high point - that compares with a last trade of $20.80.

According to the ETF Finder at ETF Channel, ABY makes up 4.49% of the YieldCo Index ETF (Symbol: YLCO) which is trading up by about 1.1% on the day Thursday.

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

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: YLCO

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