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

By Market News Video Staff, Friday, July 29, 2:17 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 $21.85, changing hands as low as $21.67 per share. Calumet Specialty Product Partners LP shares are currently trading off about 1.4% 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 $17.10 per share, with $24.95 as the 52 week high point — that compares with a last trade of $22.08.

CLMT operates in the Oil & Gas Refining & Marketing sector, among companies like Synthesis Energy Systems, Inc. (NASDAQ:SYMX) which is down about 1% today, and Arabian American Development Co. (NYSE:ARSD) trading higher by about 0.9%. Below is a three month price history chart comparing the stock performance of CLMT, versus SYMX and ARSD.

CLMT,SYMX,ARSD Relative Performance Chart


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This Article's Word Cloud:   ARSD   American   Average   Below   CLMT   Calumet   Friday   Investment   Moving   Partners   Portfolio   Product   SYMX   Specialty   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   history   moving   operates   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with   year
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Calumet Specialty Product Partners LP Breaks Below 200-Day Moving Average - Bearish for CLMT | Market News Video | Copyright © 2008 - 2013, All Rights Reserved

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