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21.9% Return Seen to Date on SmarTrend Holly Energy Partners LP Call (HEP)

By David Diaz

SmarTrend identified a Downtrend for Holly Energy Partners LP (NYSE:HEP) on July 29th, 2019 at $28.20. In approximately 4 months, Holly Energy Partners LP has returned 21.88% as of today's recent price of $22.03.

Holly Energy Partners LP share prices have moved between a 52-week high of $31.23 and a 52-week low of $21.75 and are now trading 3% above that low price at $22.36 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.8%.

Holly Energy Partners, L.P. operates a system of refined product pipelines and distribution terminals primarily in West Texas, New Mexico, Utah, and Arizona. The Company's services include transporting products through its pipeline, terminalling refined products and other hydrocarbons, and storing and providing other services at its terminals.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Holly Energy Partners LP.

Log in and add Holly Energy Partners LP (HEP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights holly energy partners lp

Ticker(s): HEP