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Energy Transfer Partners Bullish Moving Average Crossover Alert (ETP)

By Amy Schwartz

Energy Transfer Partners (NYSE:ETP) shares have crossed bullishly above their 10-day moving average of $37.55 on a volume of 341K 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.

In the past 52 weeks, shares of Energy Transfer Partners have traded between a low of $18.62 and a high of $59.09 and are now at $37.75, which is 103% above that low price. The 200-day and 50-day moving averages have moved 0.95% lower and 1.12% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Energy Transfer Partners. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Energy Transfer Partners in search of a potential trend change.

Keywords: moving crosses energy transfer partners

Ticker(s): ETP