Alerian MLP Stock Falls Below 200-Day Moving Average

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Alerian MLP ETF Shares Drop Below Key Moving Average

On Wednesday, Alerian MLP ETF (Symbol: AMLP) shares fell below their 200-day moving average of $48.83, reaching a low of $48.03 per share. Currently, shares are down approximately 1.9% for the day. The chart below illustrates the one-year performance of AMLP relative to its 200-day moving average:

Alerian MLP 200 Day Moving Average Chart

Analyzing the chart, AMLP’s 52-week low stands at $43.75, while the 52-week high is $53.24. The latest trade for AMLP was recorded at $48.37.

Click here to find out which 9 other ETFs recently crossed below their 200-day moving average.

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

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