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Williams Partners Bullish Moving Average Crossover Alert (WPZ)

By Nick Russo

Williams Partners (NYSE:WPZ) crossed over its 10-day moving average of $37.10 on a volume of 138K 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 Williams Partners have traded between a low of $12.69 and a high of $59.44 and are now at $37.50, which is 196% above that low price. The 200-day and 50-day moving averages have moved 1.3% lower and 3.49% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Williams Partners on April 8th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $21.51. Since that recommendation, shares of Williams Partners have risen 70.7%. We continue to monitor WPZ for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses williams partners

Ticker(s): WPZ