SEP Makes Bullish Cross Above Critical Moving Average
In trading on Friday, shares of Spectra Energy Partners LP (Symbol: SEP) crossed above their 200 day moving average of $43.27, changing hands as high as $43.72 per share. Spectra Energy Partners LP shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of SEP shares, versus its 200 day moving average:
Looking at the chart above, SEP’s low point in its 52 week range is $38.42 per share, with $46.715 as the 52 week high point – that compares with a last trade of $43.61. According to the ETF Finder at ETF Channel, SEP makes up 4.42% of the High Income Infrastructure MLP ETF (Symbol: YMLI) which is trading higher by about 0.7% on the day Friday.
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