QRE Crosses Above Key Moving Average Level

In trading on Tuesday, shares of QR Energy LP ( QRE) crossed above their 200 day moving average of $17.64, changing hands as high as $17.73 per share. QR Energy LP shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of QRE shares, versus its 200 day moving average:

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QR Energy LP 200 Day Moving Average Chart

Looking at the chart above, QRE's low point in its 52 week range is $14.76 per share, with $20.99 as the 52 week high point — that compares with a last trade of $17.40.

According to the ETF Finder at ETF Channel, QRE makes up 3.65% of the Global X Junior MLP ETF ( MLPJ) which is trading higher by about 0.2% on the day Tuesday.
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