YIELDPLUS Income Fund Breaks Above 200-Day Moving Average - Bullish For YP-UN

In trading on Friday, shares of YIELDPLUS Income Fund (TSX: YP-UN.TO) crossed above their 200 day moving average of $7.38, changing hands as high as $7.40 per share. YIELDPLUS Income Fund shares are currently trading off about 0.1% on the day. The chart below shows the one year performance of YP.UN shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other Canadian stocks recently crossed above their 200 day moving average »

YIELDPLUS Income Fund 200 Day Moving Average Chart

Looking at the chart above, YP.UN's low point in its 52 week range is $6.96 per share, with $7.75 as the 52 week high point — that compares with a last trade of $7.35.

null

More from Stocks

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019

9 Stocks Goldman Sachs Thinks Will Blow Wall Street's Performance Away in 2019

Jim Cramer on U.S.-China Trade: The Media Has it Wrong

Jim Cramer on U.S.-China Trade: The Media Has it Wrong

Is Tesla's Stock Set to Nearly Double to $500?

Is Tesla's Stock Set to Nearly Double to $500?

Tesla's $78,000 Model 3 Is a Bargain. Here's Why

Tesla's $78,000 Model 3 Is a Bargain. Here's Why