ENLK Makes Notable Cross Below Critical Moving Average

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In trading on Thursday, shares of EnLink Midstream Partners LP (Symbol: ENLK) crossed below their 200 day moving average of $16.40, changing hands as low as $16.16 per share. EnLink Midstream Partners LP shares are currently trading off about 5.5% on the day. The chart below shows the one year performance of ENLK shares, versus its 200 day moving average: EnLink Midstream Partners LP 200 Day Moving Average Chart

Looking at the chart above, ENLK's low point in its 52 week range is $14.4302 per share, with $19.59 as the 52 week high point - that compares with a last trade of $16.19.

According to the ETF Finder at ETF Channel, ENLK makes up 3.96% of the High Income Infrastructure MLP ETF (Symbol: YMLI) which is trading lower by about 2.2% 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 Nasdaq, Inc.

This article appears in: Investing , Commodities
Referenced Symbols: ENLK , YMLI

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