HomeMarket NewsPAA Experiences Significant Drop Below Key Moving Average

PAA Experiences Significant Drop Below Key Moving Average

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Plains All American Pipeline LP Struggles Below Key Average

Stock Dips Below 200-Day Moving Average Amid Market Fluctuations

In trading on Monday, shares of Plains All American Pipeline LP (Symbol: PAA) fell below their 200-day moving average, which stands at $17.55. The stock was seen trading as low as $17.52 per share. Currently, PAA shares are down approximately 1.7% for the day. The accompanying chart illustrates the one-year performance of PAA shares in relation to the 200-day moving average:

Plains All American Pipeline LP 200 Day Moving Average Chart

Analyzing the chart reveals that PAA has a 52-week low of $14.87 and a high of $19.17, making the last trade of $17.55 significant against these figures.

nslideshow Click here to find out which 9 other energy stocks recently crossed below their 200-day moving average »

For Further Reading:

• Institutional Holders of APLD
• HES Stock Predictions
• NGHC Historical Stock Prices

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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