Bullish Moving Average Cross by Western Gas Partners (WES)
Western Gas Partners (NYSE:WES) shares have crossed bullishly above their 10-day moving average of $49.67 on a volume of 126K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
Western Gas Partners share prices have moved between a 52-week high of $73.78 and a 52-week low of $25.40 and are now trading 102% above that low price at $51.42 per share. The 200-day and 50-day moving averages have moved 0.51% lower and 3.06% higher over the past week, respectively.
SmarTrend is tracking the current trend status for Western Gas Partners and will alert subscribers who have WES in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses western gas partners