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

Chart: Buybacks in Semiconductor Stocks Help Sector Weather the Storm

Chart: Buybacks in Semiconductor Stocks Help Sector Weather the Storm

Dow Slips for Fifth Day in Seven, Led Lower by IBM, Home Depot

Dow Slips for Fifth Day in Seven, Led Lower by IBM, Home Depot

Jim Cramer Dives Into Cannabis and IBM Earnings

Jim Cramer Dives Into Cannabis and IBM Earnings

Chart of the Day: Applied Materials Selling Stops as Signs of Recovery Emerge

Chart of the Day: Applied Materials Selling Stops as Signs of Recovery Emerge

How a No Deal Brexit Would Impact U.K. Stocks

How a No Deal Brexit Would Impact U.K. Stocks