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

By Amy Schwartz

Today, shares of Enterprise Products Partners (NYSE:EPD) have fallen below their 10-day MA of $27.05 on a volume of 533K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower 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 $26.84, 41% above that low price. The 200-day and 50-day moving averages have moved 0.25% lower and 0.90% higher over the past week, respectively.

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