Notable Two Hundred Day Moving Average Cross - MEMP
Written by: EnergyStockChannel.com
Tickers in this article:
In trading on Friday, shares of Memorial Production Partners LP
crossed below their 200 day moving average of $18.84, changing hands as low as $18.40 per share. Memorial Production Partners LP shares are currently trading trading flat on the day. The chart below shows the one year performance of MEMP shares, versus its 200 day moving average:
Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average »
Looking at the chart above, MEMP's low point in its 52 week range is $15.71 per share, with $20.75 as the 52 week high point — that compares with a last trade of $19.25.
According to the ETF Finder at ETF Channel, MEMP makes up 2.49% of the Global X Junior MLP ETF which is trading up by about 0.2% on the day Friday.