news & articles

Your go to place to stay updated with the latest news and fun articles from the finance and crypto worlds.


© Copyright GGG Inc.

The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. All Content on this site is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.

SUN Makes Notable Cross Below Critical Moving Average

Shutterstock photo

In trading on Monday, shares of Sunoco LP (Symbol: SUN) crossed below their 200 day moving average of $30.58, changing hands as low as $29.93 per share. Sunoco LP shares are currently trading off about 0.4% on the day. The chart below shows the one year performance of SUN shares, versus its 200 day moving average: Sunoco LP 200 Day Moving Average Chart

Looking at the chart above, SUN’s low point in its 52 week range is $23.0901 per share, with $33.11 as the 52 week high point – that compares with a last trade of $30.50. According to the ETF Finder at ETF Channel, SUN makes up 6.28% of the High Income MLP ETF (Symbol: YMLP) which is trading lower by about 0.6% 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.

No Comments

Post A Comment