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SMLP Makes Notable Cross Below Critical Moving Average

By Energy Stock Channel Staff, Tuesday, November 30, 11:44 AM ET
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In trading on Tuesday, shares of Summit Midstream Partners LP (NYSE:SMLP) crossed below their 200 day moving average of $29.90, changing hands as low as $29.77 per share. Summit Midstream Partners LP shares are currently trading down about 1.5% on the day. The chart below shows the one year performance of SMLP shares, versus its 200 day moving average:

Summit Midstream Partners LP 200 Day Moving Average Chart

Looking at the chart above, SMLP's low point in its 52 week range is $12.40 per share, with $46.64 as the 52 week high point — that compares with a last trade of $30.05.

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