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RNO Crosses Below Key Moving Average Level

By Dividend Channel Staff, Friday, February 1, 4:16 PM ET
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In trading on Friday, shares of Rhino Resource Partners LP (NYSE:RNO) crossed below their 200 day moving average of $14.90, changing hands as low as $14.56 per share. Rhino Resource Partners LP shares are currently trading off about 6% on the day. The chart below shows the one year performance of RNO shares, versus its 200 day moving average:

Rhino Resource Partners LP 200 Day Moving Average Chart

Looking at the chart above, RNO's low point in its 52 week range is $12.11 per share, with $21.10 as the 52 week high point that compares with a last trade of $14.81.

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According to the ETF Finder at ETF Channel, RNO makes up 1.27% of the Global X Junior MLP ETF (AMEX:MLPJ) which is trading up by about 0.1% on the day Friday.

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