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Kinder Morgan Has Fallen 15% in 2018: What’s Ahead?

Ruth King
Kinder Morgan Has Fallen 15% in 2018: What’s Ahead?

Currently, Kinder Morgan (KMI) stock is trading 5% below its 50-day moving average and 15% below its 200-day moving average. Kinder Morgan’s 50-day moving average fell below its 200-day moving average in April 2017, which is considered a bearish indicator. Since then, Kinder Morgan’s 50-day average has remained below its 200-day average.