EEP Makes Bullish Cross Above Critical Moving Average

In trading on Friday, shares of Enbridge Energy Partners, L.P. (EEP) crossed above their 200 day moving average of $29.85, changing hands as high as $29.92 per share. Enbridge Energy Partners, L.P. shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of EEP shares, versus its 200 day moving average:

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Enbridge Energy Partners, L.P. 200 Day Moving Average Chart

Looking at the chart above, EEP's low point in its 52 week range is $26.88 per share, with $33.49 as the 52 week high point — that compares with a last trade of $29.94.
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According to the ETF Finder at ETF Channel, EEP makes up 4.98% of the MLP ETF ( MLPA) which is trading higher by about 0.6% on the day Friday.

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