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Uptrend Call Working As ALPS Alerian MLP ETF Stock Rises 31.1% (AMLP)

By David Diaz

SmarTrend identified an Uptrend for ALPS Alerian MLP ETF (NYSE:AMLP) on February 18th, 2016 at $9.70. In approximately 8 months, ALPS Alerian MLP ETF has returned 31.10% as of today's recent price of $12.71.

Over the past year, ALPS Alerian MLP ETF has traded in a range of $7.77 to $17.35 and is now at $12.71, 64% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 1.6%.

Alerian MLP ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the price and yield performance of the Alerian MLP Infrastructure Index.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ALPS Alerian MLP ETF shares.

Log in and add ALPS Alerian MLP ETF (AMLP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights alps alerian mlp etf

Ticker(s): AMLP