GLP Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of Global Partners LP (GLP) crossed above their 200 day moving average of $17.90, changing hands as high as $18.05 per share. Global Partners LP shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of GLP shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average »

Global Partners LP 200 Day Moving Average Chart

Looking at the chart above, GLP's low point in its 52 week range is $15.80 per share, with $21.95 as the 52 week high point — that compares with a last trade of $18.00.

According to the ETF Finder at ETF Channel, GLP makes up 3.14% of the High Income MLP ETF ( YMLP) which is trading up by about 0.5% on the day Wednesday.

More from Stocks

Street Stats: 3 Numbers That Will Make Any Stock Market Bear Instantly Bullish

Street Stats: 3 Numbers That Will Make Any Stock Market Bear Instantly Bullish

Twitter Tops Wall Street's Estimates - Here Are the Key Numbers You Need to Know

Twitter Tops Wall Street's Estimates - Here Are the Key Numbers You Need to Know

PayPal's Stock Is Poised for an Explosive Move

PayPal's Stock Is Poised for an Explosive Move

Boeing's Blowout Quarter Proves Why There Won't Be a Stock Market Panic

Boeing's Blowout Quarter Proves Why There Won't Be a Stock Market Panic

Twitter Founder Jack Dorsey Deserves a Nice Tweet After Q1 Results

Twitter Founder Jack Dorsey Deserves a Nice Tweet After Q1 Results