MLPA Crosses Below Key Moving Average Level

In trading on Wednesday, shares of the MLP ETF ( MLPA) crossed below their 200 day moving average of $16.03, changing hands as low as $15.97 per share. MLP shares are currently trading off about 0.6% on the day. The chart below shows the one year performance of MLPA shares, versus its 200 day moving average:

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MLP 200 Day Moving Average Chart

Looking at the chart above, MLPA's low point in its 52 week range is $15.30 per share, with $16.70 as the 52 week high point — that compares with a last trade of $16.00.

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