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Calumet Specialty Product Partners LP Breaks Below 200-Day Moving Average - Bearish for CLMT

By Market News Video Staff, Friday, June 3, 2:35 PM ET
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In trading on Friday, shares of Calumet Specialty Product Partners LP (NASDAQ:CLMT) crossed below their 200 day moving average of $21.22, changing hands as low as $21.10 per share. Calumet Specialty Product Partners LP shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of CLMT shares, versus its 200 day moving average:

Calumet Specialty Product Partners LP 200 Day Moving Average Chart

Looking at the chart above, CLMT's low point in its 52 week range is $16.20 per share, with $24.95 as the 52 week high point — that compares with a last trade of $21.18.

CLMT operates in the Oil & Gas Refining & Marketing sector, among companies like Braskem S A (NYSE:BAK) which is up about 1.1% today, and Valero Energy Corp. (NYSE:VLO) trading higher by about 0.5%. Below is a three month price history chart comparing the stock performance of CLMT, versus BAK and VLO.

CLMT,BAK,VLO Relative Performance Chart


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Calumet Specialty Product Partners LP Breaks Below 200-Day Moving Average - Bearish for CLMT | Market News Video | Copyright © 2008 - 2012, All Rights Reserved

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