Advertisement
UK markets closed
  • FTSE 100

    8,142.18
    +63.32 (+0.78%)
     
  • FTSE 250

    19,819.74
    +217.76 (+1.11%)
     
  • AIM

    755.61
    +2.49 (+0.33%)
     
  • GBP/EUR

    1.1663
    +0.0007 (+0.06%)
     
  • GBP/USD

    1.2460
    -0.0051 (-0.40%)
     
  • Bitcoin GBP

    50,963.11
    -125.21 (-0.25%)
     
  • CMC Crypto 200

    1,324.36
    -72.18 (-5.17%)
     
  • S&P 500

    5,096.78
    +48.36 (+0.96%)
     
  • DOW

    38,177.31
    +91.51 (+0.24%)
     
  • CRUDE OIL

    83.88
    +0.31 (+0.37%)
     
  • GOLD FUTURES

    2,343.90
    +1.40 (+0.06%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,161.24
    +243.96 (+1.36%)
     
  • CAC 40

    8,093.04
    +76.39 (+0.95%)
     

Magellan Midstream Partners Could Regain Upward Momentum

Magellan Midstream Partners Could Regain Upward Momentum

Magellan Midstream Partners (MMP) continues to trade significantly below its 50-day and 200-day moving average, which might indicate bearish sentiment in the stock. Magellan Midstream Partners was trading 5.8% below its 50-day simple moving average and 11.1% below its 200-day simple moving average as of April 6, 2018.