Andeavor Logistics LP (ANDX) Technical Analysis
NYSE:ANDX
Current stock price
ANDX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ANDX. ANDX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 78% of all other stocks performed better in the past year than ANDX.
- ANDX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ANDX is lagging the market.
- In the last month ANDX has a been trading in the 31.75 - 37.08 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ANDX Weekly and Daily overview Charts
ANDX Setup Rating and Analysis
The technical rating of ANDX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ANDX Support and Resistance Analysis
31.85
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.05 to 36.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.72 from a trend line in the weekly time frame.
ANDX Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ANDX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANDX is down. |
| ChartMill Relative Strength | 22.16 | NEGATIVE | ANDX has a low relative strength, it was outperformed by 77.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANDX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANDX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ANDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.13 | OVERSOLD | The low RSI value suggests ANDX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests ANDX has a negative trend. |
| Stochastics (14,3) | 6.93 | OVERSOLD | The low Stochastics value suggests ANDX may be oversold. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for ANDX suggests some volalility. |
ANDX Chart- and CandleStick Pattern Analysis
ANDX Technicals: Chart, Performance Metrics, Trend & Indicators
32.17
-2.14 (-6.24%)
Andeavor Logistics LP / ANDX TA FAQ
Can you provide the ChartMill technical rating for Andeavor Logistics LP?
ChartMill assigns a technical rating of 0 / 10 to ANDX.
What is the current trend direction of Andeavor Logistics LP (ANDX) stock?
The current trend direction for Andeavor Logistics LP (ANDX) is Bearish.
What is the RSI signal for ANDX stock?
Andeavor Logistics LP (ANDX) has an RSI value of 23.129. This indicates that the stock is currently oversold.
What is the MACD signal for ANDX stock?
The MACD indicator for Andeavor Logistics LP (ANDX) has a value of -0.364844, indicating a bearish trend.
What is the short term momentum for ANDX stock?
The short term momentum for Andeavor Logistics LP (ANDX) is negative.