Black Hills Breaks Above 200-Day Moving Average - Bullish for BKH

In trading on Tuesday, shares of Black Hills Corporation (BKH) crossed above their 200 day moving average of $55.15, changing hands as high as $56.92 per share. Black Hills Corporation shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of BKH shares, versus its 200 day moving average:

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Black Hills Corporation 200 Day Moving Average Chart

Looking at the chart above, BKH's low point in its 52 week range is $47.11 per share, with $62.13 as the 52 week high point — that compares with a last trade of $55.14.

According to the ETF Finder at ETF Channel, BKH makes up 1.49% of the PowerShares DWA Utilities Momentum Portfolio ETF ( PUI) which is trading relatively unchanged on the day Tuesday.

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