Uptrend Call Working As Transmontaigne Partners Stock Rises 30.5% (TLP)
SmarTrend identified an Uptrend for Transmontaigne Partners (NYSE:TLP) on November 19th, 2012 at $35.04. In approximately 3 months, Transmontaigne Partners has returned 30.51% as of today's recent price of $45.73.
Transmontaigne Partners share prices have moved between a 52-week high of $45.75 and a 52-week low of $29.89 and are now trading 53% above that low price at $45.73 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has risen 0.4%.
TransMontaigne Partners L.P, is a refined petroleum products terminaling and pipeline company with operations currently in Florida, Southwest Missouri and Northwest Arkansas. The company provides integrated terminaling, storage, pipeline and related services for companies engaged in the distribution and marketing of refined petroleum products and crude oil.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Transmontaigne Partners shares.
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