GMLP Makes Notable Cross Below Critical Moving Average

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In trading on Tuesday, shares of Golar LNG Partners LP (Symbol: GMLP) crossed below their 200 day moving average of $21.87, changing hands as low as $21.58 per share. Golar LNG Partners LP shares are currently trading off about 2.6% on the day. The chart below shows the one year performance of GMLP shares, versus its 200 day moving average: Golar LNG Partners LP 200 Day Moving Average Chart

Looking at the chart above, GMLP's low point in its 52 week range is $18.32 per share, with $25.82 as the 52 week high point - that compares with a last trade of $21.71.

According to the ETF Finder at ETF Channel, GMLP makes up 5.01% of the High Income MLP ETF (Symbol: YMLP) which is trading lower by about 0.4% on the day Tuesday.

Click here to find out which 9 other stocks recently crossed below 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
Referenced Symbols: GMLP , YMLP

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