TLP Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Transmontaigne Partners L.P. ( TLP) crossed below their 200 day moving average of $42.23, changing hands as low as $41.81 per share. Transmontaigne Partners L.P. shares are currently trading trading flat on the day. The chart below shows the one year performance of TLP shares, versus its 200 day moving average:

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Transmontaigne Partners L.P. 200 Day Moving Average Chart

Looking at the chart above, TLP's low point in its 52 week range is $38.70 per share, with $50.77 as the 52 week high point — that compares with a last trade of $42.04.

According to the ETF Finder at ETF Channel, TLP makes up 2.68% of the Junior MLP ETF ( MLPJ) which is trading lower by about 0.5% on the day Tuesday.

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