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Plains All American Pipeline Breaks Above 200-Day Moving Average - Bullish for PAA

In trading on Friday, shares of Plains All American Pipeline LP (Symbol: PAA) crossed above their 200 day moving average of $23.92, changing hands as high as $24.01 per share. Plains All American Pipeline LP shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of PAA shares, versus its 200 day moving average:

Plains All American Pipeline LP 200 Day Moving Average Chart

Looking at the chart above, PAA's low point in its 52 week range is $19.335 per share, with $27.70 as the 52 week high point — that compares with a last trade of $24.02.

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.

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