SemGroup Shares Cross Below 200 DMA

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In trading on Monday, shares of SemGroup Corp (Symbol: SEMG) crossed below their 200 day moving average of $27.53, changing hands as low as $27.05 per share. SemGroup Corp shares are currently trading off about 0.5% on the day. The chart below shows the one year performance of SEMG shares, versus its 200 day moving average: SemGroup Corp 200 Day Moving Average Chart

Looking at the chart above, SEMG’s low point in its 52 week range is $21.35 per share, with $42.40 as the 52 week high point – that compares with a last trade of $27.50. According to the ETF Finder at ETF Channel, SEMG makes up 4.06% of the MLP and Energy Infrastructure ETF (Symbol: MLPX) which is trading up by about 0.1% on the day Monday.

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

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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