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Bearish Two Hundred Day Moving Average Cross - CHKM

By Market News Video Staff, Monday, May 16, 1:32 PM ET
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In trading on Monday, shares of Chesapeake Midstream Partners LP (NYSE:CHKM) crossed below their 200 day moving average of $26.63, changing hands as low as $26.52 per share. Chesapeake Midstream Partners LP shares are currently trading down about 1% on the day. The chart below shows the one year performance of CHKM shares, versus its 200 day moving average:

Chesapeake Midstream Partners LP 200 Day Moving Average Chart

Looking at the chart above, CHKM's low point in its 52 week range is $21.25 per share, with $29.31 as the 52 week high point — that compares with a last trade of $26.60.

According to the ETF Finder at ETF Channel, CHKM makes up 1.45% of the Dynamic Energy Sector Portfolio ETF (AMEX:PXI) which is trading up by about 0.7% on the day Monday.

     See what other ETFs contain CHKM »
     See what other stocks are held by PXI »

CHKM operates in the Oil & Gas Exploration & Production sector, among companies like Noble Corp (Switzerland) (NYSE:NE) which is up about 2.4% today, and Continental Resources Inc. (NYSE:CLR) trading higher by about 1.9%. Below is a three month price history chart comparing the stock performance of CHKM, versus NE and CLR.

CHKM,NE,CLR Relative Performance Chart


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This Article's Word Cloud:   According   Average   Below   CHKM   Channel   Chesapeake   ETFs   Investment   Midstream   Monday   Moving   NYSE   Noble   Partners   Portfolio   Sector   about   allows   among   asset   average   below   chart   companies   completely   currently   designed   growth   hands   history   moving   operates   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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