Atlas Pipeline Partners L.P. (APL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:APL - US0493921037
We assign a technical rating of 1 out of 10 to APL. APL'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.
APL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
24.77
When analyzing the support we notice one important area.
- Support @25.02 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 27.35 to 28.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.07 from a horizontal line in the daily time frame.
- A resistance zone ranging from 35.38 to 35.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 APL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for APL is neutral. |
| ChartMill Relative Strength | 15.74 | NEGATIVE | APL has a low relative strength, it was outperformed by 84.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of APL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of APL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of APL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.74 | NEUTRAL | The RSI value for APL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests APL has a negative trend. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for APL suggests some volalility. |
26.63
-0.45 (-1.66%)
Atlas Pipeline Partners L.P. / APL FAQ
What is the technical rating for APL stock?
ChartMill assigns a technical rating of 1 / 10 to APL.
Can you provide the trend direction for Atlas Pipeline Partners L.P.?
The current trend direction for Atlas Pipeline Partners L.P. (APL) is Bearish.
What is the RSI signal for APL stock?
Atlas Pipeline Partners L.P. (APL) has an RSI value of 44.7402. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Atlas Pipeline Partners L.P.?
The MACD indicator for Atlas Pipeline Partners L.P. (APL) has a value of -0.0771819, indicating a bearish trend.
Can you provide the support and resistance levels for Atlas Pipeline Partners L.P.?
Atlas Pipeline Partners L.P. (APL) has a support level at 25.02 and a resistance level at 27.35. Check the full technical report for our detailed analysis of APL support and resistance levels.