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Enterprise Products Partners Crosses Above its 10-day MA (EPD)

By Nick Russo

Enterprise Products Partners (NYSE:EPD) crossed over its 10-day moving average of $27.14 on a volume of 484K 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, Enterprise Products Partners share prices have been bracketed by a low of $19.00 and a high of $34.56 and are now at $27.27, 44% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.9%.

SmarTrend is tracking the current trend status for Enterprise Products Partners and will alert subscribers who have EPD in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses enterprise products partners

Ticker(s): EPD