Linn Energy Breaks Below 200-Day Moving Average - Notable for LINE

In trading on Monday, shares of Linn Energy LLC (LINE) crossed below their 200 day moving average of $30.62, changing hands as low as $30.37 per share. Linn Energy LLC shares are currently trading off about 2.6% on the day. The chart below shows the one year performance of LINE shares, versus its 200 day moving average:

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Linn Energy LLC 200 Day Moving Average Chart

Looking at the chart above, LINE's low point in its 52 week range is $25.14 per share, with $34.08 as the 52 week high point — that compares with a last trade of $30.41.

According to the ETF Finder at ETF Channel, LINE makes up 3.95% of the Zacks MLP High Income Shares ETF ( ZMLP) which is trading lower by about 0.7% on the day Monday.

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