PBA Crosses Below Key Moving Average Level

In trading on Thursday, shares of Pembina Pipeline Corp (Symbol: PBA) crossed below their 200 day moving average of $31.84, changing hands as low as $31.78 per share. Pembina Pipeline Corp shares are currently trading down about 3.5% on the day. The chart below shows the one year performance of PBA shares, versus its 200 day moving average:

Looking at the chart above, PBA's low point in its 52 week range is $27.44 per share, with $34.97 as the 52 week high point - that compares with a last trade of $31.81.

According to the ETF Finder at ETF Channel, PBA makes up 2.00% of the PowerShares International Dividend Achievers Portfolio ETF (Symbol: PID) which is trading lower by about 1.7% 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.

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