Markets

Crestwood Midstream Partners Breaks Above 200-Day Moving Average - Bullish for CMLP

In trading on Thursday, shares of Crestwood Midstream Partners LP (Symbol: CMLP) crossed above their 200 day moving average of $22.47, changing hands as high as $22.59 per share. Crestwood Midstream Partners LP shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of CMLP shares, versus its 200 day moving average:

Crestwood Midstream Partners LP 200 Day Moving Average Chart

Looking at the chart above, CMLP's low point in its 52 week range is $20.23 per share, with $24.95 as the 52 week high point - that compares with a last trade of $22.56.

According to the ETF Finder at ETF Channel, CMLP makes up 3.97% of the Zacks MLP High Income Shares ETF (Symbol: ZMLP) which is trading higher 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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