MLP Crosses Above Key Moving Average Level

In trading on Tuesday, shares of Front Street US MLP Income Fund Light (TSX: MLP.TO) crossed above their 200 day moving average of $10.66, changing hands as high as $10.67 per share. Front Street US MLP Income Fund Light shares are currently trading up about 2.2% on the day. The chart below shows the one year performance of MLP shares, versus its 200 day moving average:

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Front Street US MLP Income Fund Light 200 Day Moving Average Chart

Looking at the chart above, MLP's low point in its 52 week range is $9.76 per share, with $11.31 as the 52 week high point — that compares with a last trade of $10.56.

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