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BWP Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Monday, April 18, 12:11 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Monday, shares of Boardwalk Pipeline Partners LP (NYSE:BWP) crossed below their 200 day moving average of $31.88, changing hands as low as $31.75 per share. Boardwalk Pipeline Partners LP shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of BWP shares, versus its 200 day moving average:

Boardwalk Pipeline Partners LP 200 Day Moving Average Chart

Looking at the chart above, BWP's low point in its 52 week range is $14.49 per share, with $34.23 as the 52 week high point — that compares with a last trade of $31.75.

According to the ETF Finder at ETF Channel, BWP makes up 1.01% of the Guggenheim Defensive Equity ETF (AMEX:DEF) which is trading lower by about 1.3% on the day Monday.

     See what other ETFs contain BWP »
     See what other stocks are held by DEF »

BWP operates in the Oil & Gas Equipment & Services sector, among companies like Dril-Quip, Inc. (NYSE:DRQ) which is off about 1.6% today, and Carbo Ceramics Inc. (NYSE:CRR) trading lower by about 2.4%. Below is a three month price history chart comparing the stock performance of BWP, versus DRQ and CRR.

BWP,DRQ,CRR Relative Performance Chart


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